Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Decreases By 50.6%

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 61,508 shares, a decrease of 50.6% from the August 15th total of 124,630 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 103,312 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EWJV. Waverly Advisors LLC acquired a new position in shares of iShares MSCI Japan Value ETF during the first quarter worth $2,860,000. Aldebaran Capital LLC acquired a new position in shares of iShares MSCI Japan Value ETF in the first quarter worth approximately $707,000. Royal Bank of Canada boosted its stake in shares of iShares MSCI Japan Value ETF by 98.5% in the 1st quarter. Royal Bank of Canada now owns 25,472 shares of the company’s stock valued at $1,087,000 after purchasing an additional 12,637 shares during the last quarter. Optiver Holding B.V. boosted its position in iShares MSCI Japan Value ETF by 29.0% during the first 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. Finally, Quantinno Capital Management LP bought a new stake in shares of iShares MSCI Japan Value ETF during the 1st quarter valued at about $285,000.

iShares MSCI Japan Value ETF Price Performance

iShares MSCI Japan Value ETF stock traded down $0.06 during mid-day trading on Wednesday, reaching $49.21. 136,308 shares of the company were exchanged, compared to its average volume of 200,567. The firm has a market cap of $762.75 million, a PE ratio of 10.93 and a beta of 0.47. The company has a fifty day simple moving average of $47.31 and a 200-day simple moving average of $45.13. iShares MSCI Japan Value ETF has a 12 month low of $37.41 and a 12 month high of $50.22.

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.