Short Interest in iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Drops By 21.4%

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 66,272 shares, a drop of 21.4% from the January 29th total of 84,331 shares. Approximately 4.9% of the company’s stock are short sold. Based on an average daily volume of 57,702 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 57,702 shares, the short-interest ratio is currently 1.1 days. Approximately 4.9% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares JPX-Nikkei 400 ETF

A number of institutional investors have recently made changes to their positions in JPXN. Flow Traders U.S. LLC boosted its stake in shares of iShares JPX-Nikkei 400 ETF by 12.1% during the 3rd quarter. Flow Traders U.S. LLC now owns 84,389 shares of the company’s stock valued at $7,193,000 after buying an additional 9,135 shares during the last quarter. Matthew Goff Investment Advisor LLC bought a new stake in shares of iShares JPX-Nikkei 400 ETF in the fourth quarter worth $307,000. Beacon Pointe Advisors LLC acquired a new stake in iShares JPX-Nikkei 400 ETF in the fourth quarter valued at $977,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in iShares JPX-Nikkei 400 ETF during the 4th quarter valued at $35,000. Finally, Intesa Sanpaolo Wealth Management bought a new position in iShares JPX-Nikkei 400 ETF during the 4th quarter valued at $1,729,000.

iShares JPX-Nikkei 400 ETF Trading Down 0.1%

Shares of JPXN stock opened at $99.81 on Monday. The company has a market capitalization of $134.74 million, a PE ratio of 14.59 and a beta of 0.65. The firm has a fifty day simple moving average of $92.83 and a 200-day simple moving average of $88.60. iShares JPX-Nikkei 400 ETF has a twelve month low of $64.67 and a twelve month high of $101.21.

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.