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

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 35,803 shares, an increase of 329.3% from the July 15th total of 8,339 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 38,672 shares, the days-to-cover ratio is presently 0.9 days.

iShares MSCI Japan Small-Cap ETF Stock Performance

SCJ stock traded down $0.12 during trading on Friday, reaching $110.27. The company had a trading volume of 22,494 shares, compared to its average volume of 60,423. The firm has a 50-day simple moving average of $105.92 and a 200-day simple moving average of $103.01. The company has a market cap of $264.65 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. iShares MSCI Japan Small-Cap ETF has a twelve month low of $88.08 and a twelve month high of $110.85.

Institutional Investors Weigh In On iShares MSCI Japan Small-Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in iShares MSCI Japan Small-Cap ETF by 412.8% during the 1st quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after acquiring an additional 4,128 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI Japan Small-Cap ETF by 169.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock worth $187,000 after purchasing an additional 1,382 shares in the last quarter. Van Berkom & Associates Inc. acquired a new position in shares of iShares MSCI Japan Small-Cap ETF during the 4th quarter worth approximately $94,000. Resolute Advisors LLC boosted its holdings in shares of iShares MSCI Japan Small-Cap ETF by 15.1% during the 4th quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock worth $357,000 after purchasing an additional 510 shares during the last quarter. Finally, S&CO Inc. purchased a new stake in shares of iShares MSCI Japan Small-Cap ETF in the second quarter valued at approximately $1,579,000.

About iShares MSCI Japan Small-Cap ETF

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.