iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Large Decrease in Short Interest

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 40,600 shares, a decrease of 36.4% from the February 28th total of 63,800 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 100,000 shares, the short-interest ratio is currently 0.4 days.

iShares MSCI Japan Value ETF Stock Performance

Shares of EWJV traded down $0.29 on Monday, hitting $33.33. 73,632 shares of the stock traded hands, compared to its average volume of 84,872. The business has a 50 day simple moving average of $32.90 and a 200 day simple moving average of $32.29. iShares MSCI Japan Value ETF has a one year low of $28.24 and a one year high of $34.84. The company has a market capitalization of $256.65 million, a PE ratio of 11.21 and a beta of 0.58.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Copia Wealth Management bought a new stake in iShares MSCI Japan Value ETF in the 4th quarter worth about $97,000. Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI Japan Value ETF during the 4th quarter valued at about $76,000. CSS LLC IL grew its stake in shares of iShares MSCI Japan Value ETF by 23.3% in the fourth quarter. CSS LLC IL now owns 65,581 shares of the company’s stock worth $2,051,000 after acquiring an additional 12,409 shares during the period. Susquehanna International Group LLP raised its holdings in shares of iShares MSCI Japan Value ETF by 64.3% during the fourth quarter. Susquehanna International Group LLP now owns 66,002 shares of the company’s stock valued at $2,065,000 after purchasing an additional 25,837 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in iShares MSCI Japan Value ETF by 5.3% during the fourth quarter. MML Investors Services LLC now owns 47,085 shares of the company’s stock valued at $1,473,000 after purchasing an additional 2,362 shares during the period.

About iShares MSCI Japan Value ETF

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.