iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Large Decline in Short Interest

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 25,802 shares, a decline of 81.2% from the June 15th total of 137,228 shares. Based on an average daily volume of 116,736 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EWJV. Jane Street Group LLC lifted its holdings in iShares MSCI Japan Value ETF by 121.5% in the 1st quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock worth $5,318,000 after purchasing an additional 87,663 shares during the last quarter. Focus Partners Wealth acquired a new position in iShares MSCI Japan Value ETF in the 1st quarter valued at $600,000. Raymond James Financial Inc. acquired a new position in iShares MSCI Japan Value ETF in the 2nd quarter valued at $162,000. Bank of America Corp DE raised its holdings in iShares MSCI Japan Value ETF by 115.6% in the 2nd quarter. Bank of America Corp DE now owns 802,802 shares of the company’s stock worth $27,897,000 after acquiring an additional 430,398 shares during the period. Finally, Private Advisor Group LLC raised its holdings in iShares MSCI Japan Value ETF by 0.6% in the 3rd quarter. Private Advisor Group LLC now owns 78,192 shares of the company’s stock worth $3,054,000 after acquiring an additional 473 shares during the period.

iShares MSCI Japan Value ETF Price Performance

NASDAQ:EWJV traded down $0.38 during trading hours on Monday, reaching $45.67. The company’s stock had a trading volume of 174,229 shares, compared to its average volume of 213,791. The company has a market cap of $744.42 million, a price-to-earnings ratio of 10.93 and a beta of 0.47. iShares MSCI Japan Value ETF has a one year low of $33.62 and a one year high of $47.69. The business’s 50-day moving average is $45.02 and its 200-day moving average is $43.69.

iShares MSCI Japan Value ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.4831 per share. The ex-dividend date was Monday, June 15th.

iShares MSCI Japan Value ETF Company Profile

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.