iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Short Interest Update

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 2,955 shares, a decrease of 88.8% from the April 30th total of 26,268 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 17,710 shares, the days-to-cover ratio is presently 0.2 days.

iShares JPX-Nikkei 400 ETF Trading Up 0.4%

JPXN traded up $0.40 during trading on Friday, reaching $100.06. The stock had a trading volume of 9,271 shares, compared to its average volume of 48,944. The stock’s 50 day moving average is $95.41 and its two-hundred day moving average is $92.58. The company has a market capitalization of $150.09 million, a price-to-earnings ratio of 14.59 and a beta of 0.64. iShares JPX-Nikkei 400 ETF has a one year low of $76.19 and a one year high of $101.21.

Hedge Funds Weigh In On iShares JPX-Nikkei 400 ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. raised its position in shares of iShares JPX-Nikkei 400 ETF by 329.9% in the 2nd quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock worth $26,000 after purchasing an additional 254 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in iShares JPX-Nikkei 400 ETF during the 4th quarter valued at about $35,000. Royal Bank of Canada increased its stake in iShares JPX-Nikkei 400 ETF by 20.6% during the 1st quarter. Royal Bank of Canada now owns 877 shares of the company’s stock valued at $80,000 after purchasing an additional 150 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares JPX-Nikkei 400 ETF during the 2nd quarter valued at about $162,000. Finally, Ifrah Financial Services Inc. purchased a new position in iShares JPX-Nikkei 400 ETF in the first quarter worth about $204,000.

About iShares JPX-Nikkei 400 ETF

iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.