Lazard Japanese Equity ETF (NASDAQ:JPY) Sees Large Decrease in Short Interest

Lazard Japanese Equity ETF (NASDAQ:JPY) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 18,742 shares, a drop of 62.8% from the July 15th total of 50,428 shares. Based on an average daily trading volume, of 4,197 shares, the days-to-cover ratio is presently 4.5 days. Currently, 0.9% of the company’s stock are sold short.

Lazard Japanese Equity ETF Price Performance

JPY traded down $0.11 during trading on Friday, hitting $39.19. The company had a trading volume of 2,212 shares, compared to its average volume of 8,254. The company has a market cap of $86.22 million, a PE ratio of 13.38 and a beta of 0.72. The business has a 50-day moving average of $37.36 and a 200-day moving average of $35.70. Lazard Japanese Equity ETF has a 1-year low of $28.84 and a 1-year high of $39.42.

Lazard Japanese Equity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, June 22nd. Stockholders of record on Thursday, June 18th were given a $0.2299 dividend. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Trading of Lazard Japanese Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in Lazard Japanese Equity ETF during the second quarter valued at approximately $338,000. Lazard Asset Management LLC acquired a new position in shares of Lazard Japanese Equity ETF in the 2nd quarter worth approximately $32,460,000. Citadel Advisors LLC bought a new stake in shares of Lazard Japanese Equity ETF in the 3rd quarter valued at approximately $2,017,000. Permanens Capital L.P. bought a new stake in shares of Lazard Japanese Equity ETF in the 3rd quarter valued at approximately $17,443,000. Finally, PNC Financial Services Group Inc. raised its position in shares of Lazard Japanese Equity ETF by 20.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 44,628 shares of the company’s stock valued at $1,469,000 after acquiring an additional 7,650 shares in the last quarter.

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.