Short Interest in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Rises By 329.3%

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 35,803 shares, an increase of 329.3% from the July 15th total of 8,339 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average trading volume of 38,672 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Van Berkom & Associates Inc. purchased a new stake in iShares MSCI Japan Small-Cap ETF in the fourth quarter valued at about $94,000. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Japan Small-Cap ETF by 169.6% during the second quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock worth $187,000 after acquiring an additional 1,382 shares during the last quarter. Resolute Advisors LLC increased its holdings in shares of iShares MSCI Japan Small-Cap ETF by 15.1% during the fourth quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after acquiring an additional 510 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of iShares MSCI Japan Small-Cap ETF by 412.8% in the 1st 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 during the last quarter. Finally, S&CO Inc. acquired a new stake in iShares MSCI Japan Small-Cap ETF in the 2nd quarter worth approximately $1,579,000.

iShares MSCI Japan Small-Cap ETF Price Performance

NYSEARCA SCJ traded up $1.24 on Wednesday, hitting $109.79. The stock had a trading volume of 8,929 shares, compared to its average volume of 60,590. The business’s fifty day moving average price is $105.72 and its 200 day moving average price is $102.82. The stock has a market cap of $263.50 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. iShares MSCI Japan Small-Cap ETF has a 52-week low of $88.08 and a 52-week high of $110.31.

About iShares MSCI Japan Small-Cap ETF

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.