iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Significant Increase in Short Interest

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 266,768 shares, a growth of 876.9% from the December 31st total of 27,308 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily volume of 185,892 shares, the short-interest ratio is currently 1.4 days. Based on an average daily volume of 185,892 shares, the short-interest ratio is currently 1.4 days. Currently, 1.9% of the shares of the stock are short sold.

iShares MSCI Japan Value ETF Price Performance

Shares of EWJV stock traded down $0.53 during trading hours on Wednesday, hitting $41.73. The stock had a trading volume of 167,551 shares, compared to its average volume of 206,492. The stock has a market capitalization of $584.15 million, a price-to-earnings ratio of 10.93 and a beta of 0.49. iShares MSCI Japan Value ETF has a one year low of $28.84 and a one year high of $42.57. The stock’s 50-day moving average price is $40.56 and its two-hundred day moving average price is $39.02.

iShares MSCI Japan Value ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $1.7492 per share. This represents a dividend yield of 882.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EWJV. Bank of America Corp DE increased its position in iShares MSCI Japan Value ETF by 29.3% in the third quarter. Bank of America Corp DE now owns 1,038,103 shares of the company’s stock worth $40,541,000 after purchasing an additional 235,301 shares during the last quarter. Flow Traders U.S. LLC grew its stake in shares of iShares MSCI Japan Value ETF by 38.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 446,596 shares of the company’s stock worth $17,441,000 after buying an additional 122,887 shares in the last quarter. Guardian Partners Inc. increased its holdings in shares of iShares MSCI Japan Value ETF by 933.4% in the 3rd quarter. Guardian Partners Inc. now owns 427,575 shares of the company’s stock worth $16,576,000 after buying an additional 386,199 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of iShares MSCI Japan Value ETF by 121.5% in the 1st quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock worth $5,318,000 after buying an additional 87,663 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of iShares MSCI Japan Value ETF by 0.6% in the 3rd quarter. Private Advisor Group LLC now owns 78,192 shares of the company’s stock worth $3,054,000 after buying an additional 473 shares during the last quarter.

iShares MSCI Japan Value ETF Company Profile

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.