iShares MSCI Japan ETF (NYSEARCA:EWJ) Stock Short Interest Report for October

iShares MSCI Japan ETF (NYSEARCA:EWJ) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 5,173,679 shares, a decrease of 53.2% from the September 30th total of 11,056,216 shares. Based on an average daily volume of 3,759,336 shares, the short-interest ratio is currently 1.4 days. Approximately 2.1% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares MSCI Japan ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fifth Third Bancorp increased its holdings in shares of iShares MSCI Japan ETF by 612,227.5% in the first quarter. Fifth Third Bancorp now owns 244,931 shares of the exchange traded fund’s stock valued at $20,682,000 after buying an additional 244,891 shares in the last quarter. Diversify Advisory Services LLC increased its holdings in shares of iShares MSCI Japan ETF by 706.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 21,858 shares of the exchange traded fund’s stock valued at $2,086,000 after purchasing an additional 19,148 shares during the period. Noble Wealth Partners LLC purchased a new stake in shares of iShares MSCI Japan ETF in the second quarter worth approximately $531,000. Angeles Wealth Management LLC boosted its holdings in shares of iShares MSCI Japan ETF by 3.8% during the third quarter. Angeles Wealth Management LLC now owns 374,300 shares of the exchange traded fund’s stock worth $36,482,000 after purchasing an additional 13,580 shares during the period. Finally, Lifeworks Advisors LLC grew its position in iShares MSCI Japan ETF by 34.5% during the first quarter. Lifeworks Advisors LLC now owns 31,367 shares of the exchange traded fund’s stock valued at $2,649,000 after purchasing an additional 8,048 shares in the last quarter. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ stock traded down $2.03 on Friday, hitting $92.91. 7,411,998 shares of the company’s stock traded hands, compared to its average volume of 6,702,102. The stock has a market capitalization of $23.29 billion, a price-to-earnings ratio of 14.63 and a beta of 0.71. The company’s fifty day simple moving average is $96.54 and its 200 day simple moving average is $91.75. iShares MSCI Japan ETF has a one year low of $79.47 and a one year high of $99.98.

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.