iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Sees Significant Growth in Short Interest

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 9,166 shares, an increase of 152.2% from the May 31st total of 3,634 shares. Based on an average daily trading volume, of 15,252 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.6% of the company’s stock are short sold.

iShares JPX-Nikkei 400 ETF Trading Down 0.1%

Shares of JPXN stock traded down $0.08 during trading hours on Tuesday, reaching $99.14. 15,391 shares of the company’s stock were exchanged, compared to its average volume of 43,578. iShares JPX-Nikkei 400 ETF has a 1 year low of $76.64 and a 1 year high of $102.69. The stock has a market cap of $148.71 million, a PE ratio of 14.59 and a beta of 0.64. The stock’s fifty day moving average price is $98.26 and its two-hundred day moving average price is $94.46.

Institutional Trading of iShares JPX-Nikkei 400 ETF

Several large investors have recently bought and sold shares of JPXN. Citadel Advisors LLC acquired a new position in iShares JPX-Nikkei 400 ETF during the 3rd quarter valued at approximately $2,746,000. Jane Street Group LLC grew its holdings in shares of iShares JPX-Nikkei 400 ETF by 32.8% during the first quarter. Jane Street Group LLC now owns 91,084 shares of the company’s stock valued at $6,647,000 after buying an additional 22,488 shares during the last quarter. Intesa Sanpaolo Wealth Management purchased a new stake in shares of iShares JPX-Nikkei 400 ETF during the fourth quarter valued at $1,729,000. Beacon Pointe Advisors LLC purchased a new stake in shares of iShares JPX-Nikkei 400 ETF during the fourth quarter valued at $977,000. Finally, Flow Traders U.S. LLC increased its position in shares of iShares JPX-Nikkei 400 ETF by 12.1% in the 3rd quarter. Flow Traders U.S. LLC now owns 84,389 shares of the company’s stock valued at $7,193,000 after acquiring an additional 9,135 shares during the period.

iShares JPX-Nikkei 400 ETF Company Profile

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. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.