Short Interest in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Expands By 236.3%

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 173,085 shares, an increase of 236.3% from the May 31st total of 51,469 shares. Approximately 7.5% of the company’s shares are sold short. Based on an average trading volume of 53,937 shares, the days-to-cover ratio is presently 3.2 days.

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

Hedge funds have recently made changes to their positions in the company. Van Berkom & Associates Inc. bought a new position in shares of iShares MSCI Japan Small-Cap ETF during the 4th quarter worth $94,000. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Japan Small-Cap ETF by 169.6% in the second quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after acquiring an additional 1,382 shares in the last quarter. Resolute Advisors LLC raised its holdings in shares of iShares MSCI Japan Small-Cap ETF by 15.1% in the fourth quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after acquiring an additional 510 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in iShares MSCI Japan Small-Cap ETF by 412.8% in the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock worth $393,000 after acquiring an additional 4,128 shares during the period.

iShares MSCI Japan Small-Cap ETF Stock Performance

iShares MSCI Japan Small-Cap ETF stock opened at $105.54 on Tuesday. The company has a market capitalization of $242.74 million, a PE ratio of 13.39 and a beta of 0.51. The company has a 50 day moving average price of $103.80 and a 200-day moving average price of $100.01. iShares MSCI Japan Small-Cap ETF has a fifty-two week low of $82.83 and a fifty-two week high of $107.32.

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.