iShares MSCI Japan ETF (NYSEARCA:EWJ) saw a significant drop in short interest in the month of December. As of December 29th, there was short interest totalling 5,801,802 shares, a drop of 45.0% from the December 15th total of 10,553,648 shares. Based on an average trading volume of 5,742,962 shares, the days-to-cover ratio is currently 1.0 days.
Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) opened at $63.97 on Thursday. iShares MSCI Japan ETF has a 52 week low of $50.02 and a 52 week high of $64.16. The company has a market capitalization of $20,920.00 and a price-to-earnings ratio of 188.15.
The firm also recently declared a semiannual dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were paid a $0.3994 dividend. This is a positive change from iShares MSCI Japan ETF’s previous semiannual dividend of $0.35. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a yield of 1.34%. iShares MSCI Japan ETF’s dividend payout ratio (DPR) is presently 220.59%.
A number of hedge funds have recently made changes to their positions in EWJ. Intellectus Partners LLC lifted its stake in iShares MSCI Japan ETF by 0.3% in the second quarter. Intellectus Partners LLC now owns 1,878 shares of the exchange traded fund’s stock worth $101,000 after acquiring an additional 5 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its position in iShares MSCI Japan ETF by 82.0% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $115,000 after buying an additional 922 shares during the period. Sei Investments Co. lifted its position in iShares MSCI Japan ETF by 196.4% during the third quarter. Sei Investments Co. now owns 2,884 shares of the exchange traded fund’s stock valued at $161,000 after buying an additional 1,911 shares during the period. Commerzbank Aktiengesellschaft FI purchased a new position in iShares MSCI Japan ETF during the third quarter valued at $206,000. Finally, Hancock Holding Co. lifted its position in iShares MSCI Japan ETF by 4.6% during the second quarter. Hancock Holding Co. now owns 4,066 shares of the exchange traded fund’s stock valued at $218,000 after buying an additional 178 shares during the period.
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iShares MSCI Japan ETF Company Profile
iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index).
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