Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Rises By 685.7%

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 480,861 shares, an increase of 685.7% from the May 14th total of 61,199 shares. Based on an average daily trading volume, of 108,227 shares, the days-to-cover ratio is presently 4.4 days. Approximately 2.8% of the company’s shares are short sold.

Institutional Trading of iShares MSCI Japan Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Optiver Holding B.V. raised its position in shares of iShares MSCI Japan Value ETF by 29.0% during the 1st quarter. Optiver Holding B.V. now owns 48,501 shares of the company’s stock valued at $2,000,000 after acquiring an additional 10,893 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of iShares MSCI Japan Value ETF during the 1st quarter valued at $150,000. Royal Bank of Canada raised its position in shares of iShares MSCI Japan Value ETF by 98.5% during the 1st quarter. Royal Bank of Canada now owns 25,472 shares of the company’s stock valued at $1,087,000 after acquiring an additional 12,637 shares during the last quarter. Quantinno Capital Management LP bought a new stake in shares of iShares MSCI Japan Value ETF during the 1st quarter valued at $285,000. Finally, Waverly Advisors LLC bought a new stake in shares of iShares MSCI Japan Value ETF during the 1st quarter valued at $2,860,000.

iShares MSCI Japan Value ETF Stock Up 2.5%

NASDAQ:EWJV traded up $1.09 during trading hours on Thursday, hitting $45.21. 99,058 shares of the stock were exchanged, compared to its average volume of 221,320. The company’s 50 day moving average is $44.22 and its two-hundred day moving average is $42.90. iShares MSCI Japan Value ETF has a twelve month low of $33.50 and a twelve month high of $47.69. The company has a market capitalization of $764.05 million, a P/E ratio of 10.93 and a beta of 0.46.

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.