iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Down 96.4% in July

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 8,339 shares, a decline of 96.4% from the June 30th total of 230,879 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 53,934 shares, the short-interest ratio is presently 0.2 days.

iShares MSCI Japan Small-Cap ETF Stock Up 1.5%

NYSEARCA:SCJ traded up $1.58 during mid-day trading on Friday, hitting $104.66. 72,858 shares of the company traded hands, compared to its average volume of 62,241. The stock’s fifty day moving average price is $105.23 and its 200-day moving average price is $101.78. The firm has a market cap of $251.18 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. iShares MSCI Japan Small-Cap ETF has a one year low of $84.75 and a one year high of $109.15.

Institutional Investors Weigh In On iShares MSCI Japan Small-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Van Berkom & Associates Inc. purchased a new position in iShares MSCI Japan Small-Cap ETF during the fourth quarter valued at approximately $94,000. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Japan Small-Cap ETF by 169.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after purchasing an additional 1,382 shares during the period. Resolute Advisors LLC raised its position in shares of iShares MSCI Japan Small-Cap ETF by 15.1% during the 4th quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after purchasing an additional 510 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI Japan Small-Cap ETF by 412.8% during the 1st quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after buying an additional 4,128 shares in the last quarter.

iShares MSCI Japan Small-Cap ETF Company Profile

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.