iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sees Large Decline in Short Interest

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 326,144 shares, a decline of 72.0% from the May 14th total of 1,164,237 shares. Based on an average daily volume of 860,367 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.9% of the company’s stock are short sold.

iShares MSCI All Country Asia ex Japan ETF Stock Up 1.6%

AAXJ stock traded up $1.81 during trading on Thursday, reaching $114.04. The stock had a trading volume of 57,839 shares, compared to its average volume of 931,609. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 15.30 and a beta of 0.72. iShares MSCI All Country Asia ex Japan ETF has a one year low of $79.31 and a one year high of $123.68. The company’s 50 day moving average is $110.47 and its two-hundred day moving average is $102.16.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

A number of institutional investors and hedge funds have recently modified their holdings of AAXJ. JPMorgan Chase & Co. lifted its holdings in iShares MSCI All Country Asia ex Japan ETF by 1.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,924,751 shares of the exchange traded fund’s stock worth $272,353,000 after acquiring an additional 43,806 shares during the period. J.Safra Asset Management Corp grew its stake in iShares MSCI All Country Asia ex Japan ETF by 4.6% in the 4th quarter. J.Safra Asset Management Corp now owns 844,489 shares of the exchange traded fund’s stock valued at $78,639,000 after purchasing an additional 37,240 shares during the period. Pragma Gestao DE Patrimonio Ltd. increased its position in shares of iShares MSCI All Country Asia ex Japan ETF by 10.2% during the 4th quarter. Pragma Gestao DE Patrimonio Ltd. now owns 665,400 shares of the exchange traded fund’s stock valued at $61,962,000 after purchasing an additional 61,400 shares during the last quarter. Zurich Insurance Group Ltd FI increased its position in shares of iShares MSCI All Country Asia ex Japan ETF by 155.1% during the 3rd quarter. Zurich Insurance Group Ltd FI now owns 97,790 shares of the exchange traded fund’s stock valued at $9,091,000 after purchasing an additional 59,450 shares during the last quarter. Finally, iA Global Asset Management Inc. raised its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 90.0% during the 1st quarter. iA Global Asset Management Inc. now owns 35,080 shares of the exchange traded fund’s stock worth $3,378,000 after purchasing an additional 16,617 shares during the period.

iShares MSCI All Country Asia ex Japan ETF Company Profile

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.