Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Drops By 81.2%

iShares MSCI Japan Value ETF (NASDAQ:EWJV) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 25,802 shares, a decrease of 81.2% from the June 15th total of 137,228 shares. Based on an average daily trading volume, of 116,736 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short.

iShares MSCI Japan Value ETF Stock Performance

Shares of NASDAQ:EWJV traded up $0.70 during midday trading on Friday, reaching $46.05. 251,660 shares of the company’s stock were exchanged, compared to its average volume of 214,095. The company’s 50 day simple moving average is $44.98 and its two-hundred day simple moving average is $43.62. The firm has a market capitalization of $750.62 million, a PE ratio of 10.93 and a beta of 0.47. iShares MSCI Japan Value ETF has a 12 month low of $33.62 and a 12 month high of $47.69.

iShares MSCI Japan Value ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.4831 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares MSCI Japan Value ETF

A number of institutional investors have recently added to or reduced their stakes in EWJV. Breakwater Capital Group grew its stake in shares of iShares MSCI Japan Value ETF by 11.3% in the 2nd quarter. Breakwater Capital Group now owns 18,485 shares of the company’s stock valued at $813,000 after purchasing an additional 1,878 shares during the period. Western Wealth Management LLC acquired a new stake in iShares MSCI Japan Value ETF in the 1st quarter valued at $150,000. Optiver Holding B.V. grew its position in iShares MSCI Japan Value ETF by 29.0% in the first quarter. Optiver Holding B.V. now owns 48,501 shares of the company’s stock valued at $2,000,000 after acquiring an additional 10,893 shares during the period. Royal Bank of Canada raised its stake in iShares MSCI Japan Value ETF by 98.5% during the first quarter. Royal Bank of Canada now owns 25,472 shares of the company’s stock worth $1,087,000 after acquiring an additional 12,637 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of iShares MSCI Japan Value ETF during the first quarter valued at $285,000.

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.