iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Down 96.4% in July

by · The Markets Daily

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ – Get Free Report) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 8,339 shares, a decline of 96.4% from the June 30th total of 230,879 shares. Based on an average daily volume of 53,934 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

iShares MSCI Japan Small-Cap ETF Stock Performance

NYSEARCA:SCJ traded up $1.58 during trading on Friday, reaching $104.66. The company’s stock had a trading volume of 72,858 shares, compared to its average volume of 62,241. iShares MSCI Japan Small-Cap ETF has a 12 month low of $84.75 and a 12 month high of $109.15. The firm has a market cap of $251.18 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. The firm has a 50 day moving average of $105.23 and a 200-day moving average of $101.78.

Hedge Funds Weigh In On iShares MSCI Japan Small-Cap ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Van Berkom & Associates Inc. purchased a new stake in iShares MSCI Japan Small-Cap ETF during the fourth quarter worth about $94,000. JPMorgan Chase & Co. raised its position in 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 worth $187,000 after acquiring an additional 1,382 shares during the period. Resolute Advisors LLC raised its position in 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 worth $357,000 after acquiring an additional 510 shares during the period. Finally, Jones Financial Companies Lllp boosted 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 valued at $393,000 after acquiring an additional 4,128 shares during the last quarter.

About iShares MSCI Japan Small-Cap ETF

(Get Free Report)

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.

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