iShares MSCI Japan Value ETF (NASDAQ:EWJV) Short Interest Up 685.7% in May

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 480,861 shares, an increase of 685.7% from the May 14th total of 61,199 shares. Based on an average daily trading volume, of 108,227 shares, the short-interest ratio is currently 4.4 days. Approximately 2.8% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI Japan Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE increased its position in shares of iShares MSCI Japan Value ETF by 29.3% during the third quarter. Bank of America Corp DE now owns 1,038,103 shares of the company’s stock valued at $40,541,000 after buying an additional 235,301 shares during the period. Flow Traders U.S. LLC increased its position in shares of iShares MSCI Japan Value ETF by 38.0% during the third quarter. Flow Traders U.S. LLC now owns 446,596 shares of the company’s stock valued at $17,441,000 after buying an additional 122,887 shares during the period. Guardian Partners Inc. boosted its position in shares of iShares MSCI Japan Value ETF by 933.4% during the 3rd quarter. Guardian Partners Inc. now owns 427,575 shares of the company’s stock valued at $16,576,000 after acquiring an additional 386,199 shares during the last quarter. Jane Street Group LLC boosted its position in shares of iShares MSCI Japan Value ETF by 121.5% during the 1st quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock valued at $5,318,000 after acquiring an additional 87,663 shares during the last quarter. Finally, OLD Mission Capital LLC boosted its position in shares of iShares MSCI Japan Value ETF by 968.3% during the 4th quarter. OLD Mission Capital LLC now owns 142,657 shares of the company’s stock valued at $5,667,000 after acquiring an additional 129,303 shares during the last quarter.

iShares MSCI Japan Value ETF Price Performance

Shares of EWJV traded down $0.42 during midday trading on Wednesday, hitting $44.34. 33,749 shares of the company traded hands, compared to its average volume of 221,869. The stock has a 50-day moving average of $44.16 and a 200-day moving average of $42.86. iShares MSCI Japan Value ETF has a one year low of $33.50 and a one year high of $47.69. The firm has a market cap of $749.35 million, a P/E ratio of 10.93 and a beta of 0.46.

iShares MSCI Japan Value ETF Company Profile

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.