iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Short Interest Down 12.8% in December

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,430,000 shares, a drop of 12.8% from the December 15th total of 1,640,000 shares. Based on an average daily trading volume, of 525,100 shares, the short-interest ratio is currently 2.7 days.

iShares MSCI All Country Asia ex Japan ETF Stock Performance

Shares of AAXJ opened at $71.92 on Friday. The firm has a market cap of $2.46 billion, a P/E ratio of 13.34 and a beta of 0.68. iShares MSCI All Country Asia ex Japan ETF has a twelve month low of $62.15 and a twelve month high of $82.25. The firm’s 50 day moving average price is $73.44 and its two-hundred day moving average price is $74.08.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.0738 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI All Country Asia ex Japan ETF

A number of large investors have recently added to or reduced their stakes in the company. Finley Financial LLC bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF in the fourth quarter worth $466,000. iA Global Asset Management Inc. increased its stake in iShares MSCI All Country Asia ex Japan ETF by 15.4% in the 3rd quarter. iA Global Asset Management Inc. now owns 49,746 shares of the exchange traded fund’s stock valued at $3,903,000 after buying an additional 6,640 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares MSCI All Country Asia ex Japan ETF by 25.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,982,841 shares of the exchange traded fund’s stock worth $312,454,000 after buying an additional 804,213 shares in the last quarter.

About iShares MSCI All Country Asia ex Japan ETF

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index).