iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sees Significant Decrease in Short Interest

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 430,768 shares, a decrease of 56.7% from the April 15th total of 995,859 shares. Based on an average daily volume of 524,457 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.2% of the company’s shares are sold short.

iShares MSCI All Country Asia ex Japan ETF Stock Up 0.2%

Shares of NASDAQ:AAXJ opened at $117.05 on Friday. The company has a market cap of $4.12 billion, a P/E ratio of 15.30 and a beta of 0.70. iShares MSCI All Country Asia ex Japan ETF has a 52 week low of $77.02 and a 52 week high of $117.99. The business has a fifty day simple moving average of $103.54 and a 200-day simple moving average of $99.21.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 459 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of iShares MSCI All Country Asia ex Japan ETF by 42.0% in the second quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock worth $870,000 after acquiring an additional 3,115 shares during the last quarter. J.Safra Asset Management Corp grew its holdings in iShares MSCI All Country Asia ex Japan ETF by 3.4% in the third quarter. J.Safra Asset Management Corp now owns 807,249 shares of the exchange traded fund’s stock valued at $73,637,000 after purchasing an additional 26,339 shares during the period. iA Global Asset Management Inc. grew its holdings in iShares MSCI All Country Asia ex Japan ETF by 1.5% in the third quarter. iA Global Asset Management Inc. now owns 28,599 shares of the exchange traded fund’s stock valued at $2,609,000 after purchasing an additional 434 shares during the period. Finally, Jones Financial Companies Lllp increased its position in iShares MSCI All Country Asia ex Japan ETF by 199.7% during the third quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock worth $175,000 after purchasing an additional 1,294 shares during the last quarter.

About iShares MSCI All Country Asia ex Japan ETF

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.