iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Stock Short Interest Report for October

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 1,319 shares, a drop of 95.3% from the October 15th total of 28,179 shares. Based on an average trading volume of 41,769 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are short sold.

iShares JPX-Nikkei 400 ETF Trading Up 1.3%

NYSEARCA JPXN traded up $1.24 on Wednesday, reaching $99.55. The stock had a trading volume of 8,297 shares, compared to its average volume of 31,817. iShares JPX-Nikkei 400 ETF has a 1 year low of $83.87 and a 1 year high of $105.69. The business has a 50 day moving average price of $102.74 and a 200 day moving average price of $98.72. The company has a market capitalization of $164.26 million, a price-to-earnings ratio of 15.97 and a beta of 0.72.

Institutional Investors Weigh In On iShares JPX-Nikkei 400 ETF

Hedge funds have recently made changes to their positions in the stock. Cibc World Market Inc. acquired a new position in shares of iShares JPX-Nikkei 400 ETF in the 3rd quarter valued at $3,462,000. Bank of America Corp DE raised its position in iShares JPX-Nikkei 400 ETF by 36.0% in the first quarter. Bank of America Corp DE now owns 18,141 shares of the company’s stock worth $1,658,000 after purchasing an additional 4,803 shares in the last quarter. HighTower Advisors LLC bought a new position in iShares JPX-Nikkei 400 ETF during the third quarter worth about $405,000. Ifrah Financial Services Inc. bought a new position in iShares JPX-Nikkei 400 ETF during the third quarter worth about $324,000. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in iShares JPX-Nikkei 400 ETF during the third quarter valued at approximately $294,000.

iShares JPX-Nikkei 400 ETF Company Profile

iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.