iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Sees Large Decline in Short Interest

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 8,339 shares, a decrease of 96.4% from the June 30th total of 230,879 shares. Based on an average daily volume of 53,934 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Trading of iShares MSCI Japan Small-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Van Berkom & Associates Inc. purchased a new position in shares of iShares MSCI Japan Small-Cap ETF during the 4th quarter valued at about $94,000. JPMorgan Chase & Co. grew its position in iShares MSCI Japan Small-Cap ETF by 169.6% during the second quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after acquiring an additional 1,382 shares during the last quarter. Resolute Advisors LLC grew its position in iShares MSCI Japan Small-Cap ETF by 15.1% during the fourth quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after acquiring an additional 510 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of iShares MSCI Japan Small-Cap ETF by 412.8% during the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock worth $393,000 after acquiring an additional 4,128 shares in the last quarter.

iShares MSCI Japan Small-Cap ETF Price Performance

Shares of NYSEARCA SCJ traded up $1.58 during trading on Friday, reaching $104.66. 72,858 shares of the stock traded hands, compared to its average volume of 62,241. The stock has a market capitalization of $251.18 million, a P/E ratio of 13.39 and a beta of 0.51. iShares MSCI Japan Small-Cap ETF has a 52-week low of $84.75 and a 52-week high of $109.15. The company has a 50-day moving average of $105.23 and a 200-day moving average of $101.78.

iShares MSCI Japan Small-Cap ETF Company Profile

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.