Lazard Japanese Equity ETF (NASDAQ:JPY) Short Interest Down 62.8% in July

Lazard Japanese Equity ETF (NASDAQ:JPY) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 18,742 shares, a decrease of 62.8% from the July 15th total of 50,428 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 4,197 shares, the days-to-cover ratio is currently 4.5 days.

Lazard Japanese Equity ETF Stock Performance

JPY stock traded up $0.10 during trading on Friday, reaching $39.40. 1,358 shares of the company traded hands, compared to its average volume of 8,245. Lazard Japanese Equity ETF has a 12 month low of $28.84 and a 12 month high of $39.42. The business has a 50 day simple moving average of $37.30 and a 200 day simple moving average of $35.68. The company has a market capitalization of $86.68 million, a price-to-earnings ratio of 13.38 and a beta of 0.72.

Lazard Japanese Equity ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, June 22nd. Shareholders of record on Thursday, June 18th were issued a $0.2299 dividend. The ex-dividend date was Thursday, June 18th.

Institutional Trading of Lazard Japanese Equity ETF

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC bought a new position in shares of Lazard Japanese Equity ETF during the 2nd quarter worth approximately $338,000. Bank of America Corp DE purchased a new stake in Lazard Japanese Equity ETF during the first quarter valued at approximately $593,000. PNC Financial Services Group Inc. boosted its stake in Lazard Japanese Equity ETF by 20.7% in the first quarter. PNC Financial Services Group Inc. now owns 44,628 shares of the company’s stock valued at $1,469,000 after acquiring an additional 7,650 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Lazard Japanese Equity ETF in the third quarter valued at approximately $2,017,000. Finally, Permanens Capital L.P. purchased a new position in Lazard Japanese Equity ETF in the third quarter worth $17,443,000.

About Lazard Japanese Equity ETF

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.