Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Increases By 668.7%

iShares MSCI Japan Value ETF (NASDAQ:EWJV) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 63,800 shares, an increase of 668.7% from the February 13th total of 8,300 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 72,400 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV boosted its position in shares of iShares MSCI Japan Value ETF by 16.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,285 shares of the company’s stock valued at $71,000 after acquiring an additional 326 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in iShares MSCI Japan Value ETF in the 4th quarter worth approximately $76,000. Copia Wealth Management bought a new stake in iShares MSCI Japan Value ETF in the 4th quarter worth approximately $97,000. Parkside Financial Bank & Trust lifted its position in iShares MSCI Japan Value ETF by 44.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 5,358 shares of the company’s stock worth $168,000 after buying an additional 1,650 shares during the last quarter. Finally, Breakwater Capital Group bought a new stake in iShares MSCI Japan Value ETF in the 4th quarter worth approximately $208,000.

iShares MSCI Japan Value ETF Stock Up 0.4 %

EWJV traded up $0.15 during trading hours on Friday, hitting $33.57. The stock had a trading volume of 514,337 shares, compared to its average volume of 95,243. The stock has a market cap of $258.46 million, a PE ratio of 12.39 and a beta of 0.58. iShares MSCI Japan Value ETF has a 1 year low of $28.24 and a 1 year high of $33.82. The company’s fifty day simple moving average is $32.13 and its 200 day simple moving average is $32.18.

iShares MSCI Japan Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.809 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.