iShares MSCI Japan Value ETF (NASDAQ:EWJV) Short Interest Down 67.0% in April

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 174,275 shares, a drop of 67.0% from the April 15th total of 528,853 shares. Based on an average daily volume of 154,442 shares, the short-interest ratio is currently 1.1 days. Approximately 1.0% of the shares of the stock are sold short.

iShares MSCI Japan Value ETF Price Performance

NASDAQ EWJV traded down $0.33 during trading hours on Friday, reaching $45.11. 184,714 shares of the stock traded hands, compared to its average volume of 241,959. The stock has a 50 day simple moving average of $43.03 and a two-hundred day simple moving average of $42.14. iShares MSCI Japan Value ETF has a 1 year low of $33.50 and a 1 year high of $47.69. The company has a market cap of $762.36 million, a price-to-earnings ratio of 10.93 and a beta of 0.46.

Institutional Investors Weigh In On iShares MSCI Japan Value ETF

A number of large investors have recently added to or reduced their stakes in the company. Waverly Advisors LLC purchased a new stake in iShares MSCI Japan Value ETF during the first quarter valued at about $2,860,000. Aldebaran Capital LLC purchased a new stake in iShares MSCI Japan Value ETF during the first quarter valued at about $707,000. International Assets Investment Management LLC purchased a new stake in iShares MSCI Japan Value ETF during the first quarter valued at about $44,000. TPG Advisors LLC raised its position in iShares MSCI Japan Value ETF by 37.9% during the first quarter. TPG Advisors LLC now owns 19,133 shares of the company’s stock valued at $816,000 after purchasing an additional 5,255 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in iShares MSCI Japan Value ETF by 21.0% during the first quarter. Janney Montgomery Scott LLC now owns 29,964 shares of the company’s stock valued at $1,279,000 after purchasing an additional 5,209 shares in the last quarter.

iShares MSCI Japan Value ETF Company Profile

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.