iShares MSCI Japan ETF (NYSEARCA:EWJ) Short Interest Update

iShares MSCI Japan ETF (NYSEARCA:EWJ) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 12,555,035 shares, an increase of 184.8% from the May 14th total of 4,408,490 shares. Based on an average trading volume of 5,282,747 shares, the days-to-cover ratio is currently 2.4 days. Currently, 5.4% of the shares of the company are short sold.

iShares MSCI Japan ETF Trading Up 0.6%

EWJ stock traded up $0.53 during trading on Friday, reaching $92.71. The stock had a trading volume of 4,938,418 shares, compared to its average volume of 8,850,904. iShares MSCI Japan ETF has a 52 week low of $71.09 and a 52 week high of $94.28. The stock’s 50 day moving average is $90.17 and its two-hundred day moving average is $86.95. The firm has a market cap of $21.74 billion, a PE ratio of 14.63 and a beta of 0.68.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Vinland Capital Management Gestora de Recursos LTDA. bought a new position in iShares MSCI Japan ETF in the fourth quarter valued at about $25,000. Hantz Financial Services Inc. bought a new position in iShares MSCI Japan ETF in the third quarter valued at about $26,000. Game Plan Financial Advisors LLC purchased a new stake in iShares MSCI Japan ETF in the fourth quarter worth about $26,000. JPL Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF in the third quarter worth about $26,000. Finally, Western Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF in the first quarter worth about $27,000. Institutional investors own 64.60% of the company’s stock.

About iShares MSCI Japan ETF

iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.