iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Up 195.6% in May

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 42,905 shares, an increase of 195.6% from the April 30th total of 14,513 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 60,397 shares, the short-interest ratio is currently 0.7 days.

iShares MSCI Japan Small-Cap ETF Stock Performance

Shares of NYSEARCA SCJ traded up $0.56 during mid-day trading on Friday, hitting $105.91. 15,880 shares of the stock were exchanged, compared to its average volume of 67,862. The company has a market cap of $243.59 million, a P/E ratio of 13.39 and a beta of 0.50. The stock’s fifty day simple moving average is $101.32 and its two-hundred day simple moving average is $98.03. iShares MSCI Japan Small-Cap ETF has a twelve month low of $81.49 and a twelve month high of $107.32.

Institutional Trading of iShares MSCI Japan Small-Cap ETF

Hedge funds have recently modified their holdings of the company. Van Berkom & Associates Inc. acquired a new stake in shares of iShares MSCI Japan Small-Cap ETF during the fourth quarter worth approximately $94,000. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI Japan Small-Cap ETF by 169.6% in the second quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after purchasing an additional 1,382 shares in the last quarter. Resolute Advisors LLC increased its holdings in shares of iShares MSCI Japan Small-Cap ETF by 15.1% in the fourth quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after purchasing an additional 510 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI Japan Small-Cap ETF by 412.8% in the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after purchasing an additional 4,128 shares in the last quarter.

iShares MSCI Japan Small-Cap ETF Company Profile

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.