Short Interest in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Expands By 236.3%

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 173,085 shares, a growth of 236.3% from the May 31st total of 51,469 shares. Currently, 7.5% of the shares of the stock are short sold. Based on an average trading volume of 53,937 shares, the short-interest ratio is currently 3.2 days.

Hedge Funds Weigh In On iShares MSCI Japan Small-Cap ETF

Several institutional investors have recently bought and sold shares of SCJ. Van Berkom & Associates Inc. purchased a new position in shares of iShares MSCI Japan Small-Cap ETF in the 4th quarter worth $94,000. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Japan Small-Cap ETF by 169.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after buying an additional 1,382 shares in the last quarter. Resolute Advisors LLC lifted its holdings in shares of iShares MSCI Japan Small-Cap ETF by 15.1% in the 4th quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after acquiring an additional 510 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI Japan Small-Cap ETF by 412.8% in the 1st quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after acquiring an additional 4,128 shares during the last quarter.

iShares MSCI Japan Small-Cap ETF Price Performance

Shares of NYSEARCA SCJ traded down $0.34 during midday trading on Monday, reaching $105.54. 60,873 shares of the stock traded hands, compared to its average volume of 64,844. The company’s 50 day moving average is $103.74 and its 200 day moving average is $99.92. iShares MSCI Japan Small-Cap ETF has a one year low of $82.83 and a one year high of $107.32. The stock has a market capitalization of $242.74 million, a PE ratio of 13.39 and a beta of 0.51.

About iShares MSCI Japan Small-Cap ETF

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.