iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Up 137.8% in August

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJGet Free Report) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 85,153 shares, an increase of 137.8% from the July 30th total of 35,803 shares. Based on an average trading volume of 39,685 shares, the short-interest ratio is presently 2.1 days. Currently, 3.5% of the company’s shares are short sold.

iShares MSCI Japan Small-Cap ETF Price Performance

Shares of NYSEARCA:SCJ traded down $0.31 on Friday, reaching $108.93. The company’s stock had a trading volume of 29,982 shares, compared to its average volume of 57,965. iShares MSCI Japan Small-Cap ETF has a 52-week low of $88.08 and a 52-week high of $110.85. The stock’s 50-day moving average is $106.78 and its two-hundred day moving average is $103.79. The stock has a market capitalization of $261.43 million, a P/E ratio of 13.39 and a beta of 0.51.

Institutional Investors Weigh In On iShares MSCI Japan Small-Cap ETF

Hedge funds have recently added to or reduced their stakes in the stock. Resolute Advisors LLC grew its position in iShares MSCI Japan Small-Cap ETF by 4.0% in the 1st quarter. Resolute Advisors LLC now owns 4,049 shares of the company’s stock valued at $393,000 after buying an additional 156 shares in the last quarter. Van Berkom & Associates Inc. acquired a new stake in iShares MSCI Japan Small-Cap ETF during the 4th quarter worth about $94,000. JPMorgan Chase & Co. raised its stake in iShares MSCI Japan Small-Cap ETF by 169.6% during the 2nd 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 during the period. Jones Financial Companies Lllp grew its holdings in shares of iShares MSCI Japan Small-Cap ETF by 412.8% during the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after buying an additional 4,128 shares in the last quarter. Finally, S&CO Inc. acquired a new stake in iShares MSCI Japan Small-Cap ETF during the 2nd quarter worth about $1,579,000.

About iShares MSCI Japan Small-Cap ETF

(Get Free Report)

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.

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