Short Interest in iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Declines By 28.6%

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 500 shares, a drop of 28.6% from the August 31st total of 700 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its stake in shares of iShares JPX-Nikkei 400 ETF by 13,832.3% in the 1st quarter. Jones Financial Companies Lllp now owns 521,626 shares of the company’s stock valued at $38,068,000 after purchasing an additional 517,882 shares in the last quarter. Jane Street Group LLC increased its position in iShares JPX-Nikkei 400 ETF by 32.8% during the 1st quarter. Jane Street Group LLC now owns 91,084 shares of the company’s stock worth $6,647,000 after purchasing an additional 22,488 shares in the last quarter. Flow Traders U.S. LLC lifted its stake in iShares JPX-Nikkei 400 ETF by 2.9% in the 2nd quarter. Flow Traders U.S. LLC now owns 75,254 shares of the company’s stock valued at $6,029,000 after purchasing an additional 2,130 shares during the last quarter. Bank of America Corp DE boosted its position in iShares JPX-Nikkei 400 ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 13,277 shares of the company’s stock valued at $1,064,000 after buying an additional 467 shares in the last quarter. Finally, Alterna Wealth Management Inc. acquired a new stake in iShares JPX-Nikkei 400 ETF in the first quarter valued at approximately $211,000.

iShares JPX-Nikkei 400 ETF Stock Performance

iShares JPX-Nikkei 400 ETF stock opened at $88.11 on Tuesday. iShares JPX-Nikkei 400 ETF has a 52 week low of $64.67 and a 52 week high of $88.43. The stock has a market capitalization of $105.73 million, a P/E ratio of 14.59 and a beta of 0.66. The stock has a fifty day moving average of $84.21 and a 200-day moving average of $79.08.

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.