iShares MSCI Japan Value ETF (NASDAQ:EWJV) Short Interest Update

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 113,100 shares, a growth of 178.6% from the March 15th total of 40,600 shares. Based on an average daily trading volume, of 116,100 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.2% of the company’s stock are sold short.

iShares MSCI Japan Value ETF Stock Performance

Shares of EWJV stock traded up $0.56 during trading hours on Thursday, hitting $32.83. 157,970 shares of the company were exchanged, compared to its average volume of 83,572. The stock has a market capitalization of $315.17 million, a price-to-earnings ratio of 9.70 and a beta of 0.58. iShares MSCI Japan Value ETF has a one year low of $28.24 and a one year high of $34.84. The business’s 50-day simple moving average is $32.85 and its two-hundred day simple moving average is $32.17.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EWJV. Creative Financial Designs Inc. ADV lifted its stake in iShares MSCI Japan Value ETF by 16.6% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,285 shares of the company’s stock worth $71,000 after purchasing an additional 326 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares MSCI Japan Value ETF in the 4th quarter valued at about $76,000. Copia Wealth Management bought a new stake in shares of iShares MSCI Japan Value ETF during the 4th quarter valued at about $97,000. Parkside Financial Bank & Trust lifted its holdings in iShares MSCI Japan Value ETF by 44.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 5,358 shares of the company’s stock worth $168,000 after acquiring an additional 1,650 shares during the last quarter. Finally, Breakwater Capital Group acquired a new position in iShares MSCI Japan Value ETF in the fourth quarter valued at approximately $208,000.

About iShares MSCI Japan Value ETF

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.