iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Significant Decline in Short Interest

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 24,200 shares, a decline of 8.0% from the November 15th total of 26,300 shares. Based on an average trading volume of 54,200 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares MSCI Japan Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EWJV. Mraz Amerine & Associates Inc. purchased a new position in shares of iShares MSCI Japan Value ETF during the second quarter valued at about $530,000. Founders Financial Securities LLC grew its holdings in shares of iShares MSCI Japan Value ETF by 2.4% during the 2nd quarter. Founders Financial Securities LLC now owns 70,742 shares of the company’s stock worth $2,253,000 after acquiring an additional 1,673 shares during the period. Anderson Hoagland & Co. raised its position in shares of iShares MSCI Japan Value ETF by 0.5% in the 3rd quarter. Anderson Hoagland & Co. now owns 328,106 shares of the company’s stock worth $10,946,000 after acquiring an additional 1,763 shares in the last quarter. Redhawk Wealth Advisors Inc. purchased a new position in shares of iShares MSCI Japan Value ETF in the 3rd quarter valued at approximately $819,000. Finally, Private Advisor Group LLC bought a new stake in shares of iShares MSCI Japan Value ETF during the third quarter valued at approximately $5,861,000.

iShares MSCI Japan Value ETF Price Performance

Shares of NASDAQ:EWJV opened at $32.28 on Monday. iShares MSCI Japan Value ETF has a 1 year low of $28.18 and a 1 year high of $33.71. The stock’s 50-day moving average is $32.10 and its 200 day moving average is $32.21. The company has a market cap of $271.15 million, a PE ratio of 12.50 and a beta of 0.58.

About iShares MSCI Japan Value ETF

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.