Lazard Japanese Equity ETF (NASDAQ:JPY) Sees Significant Drop in Short Interest

Lazard Japanese Equity ETF (NASDAQ:JPY) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 11,654 shares, a decline of 39.9% from the September 15th total of 19,385 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 17,655 shares, the days-to-cover ratio is currently 0.7 days.

Lazard Japanese Equity ETF Stock Down 0.8%

Shares of JPY opened at $38.25 on Friday. Lazard Japanese Equity ETF has a 12-month low of $28.92 and a 12-month high of $39.98. The firm has a market capitalization of $84.15 million, a PE ratio of 13.38 and a beta of 0.71. The stock’s fifty day simple moving average is $38.95 and its 200-day simple moving average is $37.16.

Institutional Trading of Lazard Japanese Equity ETF

A hedge fund recently raised its stake in Lazard Japanese Equity ETF stock. PNC Financial Services Group Inc. raised its holdings in shares of Lazard Japanese Equity ETF (NASDAQ:JPY) by 20.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,628 shares of the company’s stock after purchasing an additional 7,650 shares during the period. PNC Financial Services Group Inc. owned 2.08% of Lazard Japanese Equity ETF worth $1,469,000 as of its most recent filing with the Securities and Exchange Commission.

About Lazard Japanese Equity ETF

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.