iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Short Interest Down 10.5% in March

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 463,600 shares, a decline of 10.5% from the March 15th total of 517,700 shares. Based on an average daily trading volume, of 777,500 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AAXJ. Frontier Asset Management LLC purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the third quarter worth about $203,000. Baird Financial Group Inc. grew its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 7.2% during the fourth quarter. Baird Financial Group Inc. now owns 3,730 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 250 shares in the last quarter. Crescent Grove Advisors LLC purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the fourth quarter worth about $300,000. Wunderlich Capital Managemnt grew its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 5.0% during the third quarter. Wunderlich Capital Managemnt now owns 5,272 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 251 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its position in iShares MSCI All Country Asia ex Japan ETF by 4.5% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 6,210 shares of the exchange traded fund’s stock worth $413,000 after buying an additional 268 shares during the last quarter.

iShares MSCI All Country Asia ex Japan ETF Stock Down 2.4 %

AAXJ stock opened at $66.79 on Monday. The firm has a market capitalization of $2.27 billion, a PE ratio of 12.01 and a beta of 0.68. iShares MSCI All Country Asia ex Japan ETF has a twelve month low of $60.92 and a twelve month high of $70.63. The stock has a 50-day simple moving average of $66.92 and a two-hundred day simple moving average of $65.15.

iShares MSCI All Country Asia ex Japan ETF Company Profile

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index).