Lazard Japanese Equity ETF (NASDAQ:JPY) Sees Significant Decrease in Short Interest

Lazard Japanese Equity ETF (NASDAQ:JPY) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 11,654 shares, a decline of 39.9% from the September 15th total of 19,385 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 17,655 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Lazard Japanese Equity ETF

A hedge fund recently bought a new stake in Lazard Japanese Equity ETF stock. Bank of America Corp DE purchased a new stake in Lazard Japanese Equity ETF (NASDAQ:JPY) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,000 shares of the company’s stock, valued at approximately $593,000. Bank of America Corp DE owned 0.84% of Lazard Japanese Equity ETF at the end of the most recent quarter.

Lazard Japanese Equity ETF Price Performance

NASDAQ:JPY traded down $0.31 on Friday, hitting $38.25. 27,404 shares of the company’s stock were exchanged, compared to its average volume of 7,387. Lazard Japanese Equity ETF has a 52 week low of $28.92 and a 52 week high of $39.98. The company has a market cap of $84.15 million, a P/E ratio of 13.38 and a beta of 0.71. The firm has a 50-day moving average price of $38.95 and a 200-day moving average price of $37.16.

Lazard Japanese Equity ETF Company Profile

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.