iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sees Significant Decline in Short Interest

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a significant decline in short interest in the month of 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 volume of 777,500 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

A number of institutional investors and hedge funds have recently modified their holdings of AAXJ. Acima Private Wealth LLC grew its position in iShares MSCI All Country Asia ex Japan ETF by 2.6% in the fourth quarter. Acima Private Wealth LLC now owns 39,732 shares of the exchange traded fund’s stock valued at $2,645,000 after acquiring an additional 1,001 shares during the period. Comerica Bank grew its position in iShares MSCI All Country Asia ex Japan ETF by 102.6% in the fourth quarter. Comerica Bank now owns 6,744 shares of the exchange traded fund’s stock valued at $449,000 after acquiring an additional 3,415 shares during the period. Rathbones Group PLC grew its position in iShares MSCI All Country Asia ex Japan ETF by 72.3% in the fourth quarter. Rathbones Group PLC now owns 21,103 shares of the exchange traded fund’s stock valued at $1,405,000 after acquiring an additional 8,855 shares during the period. Connable Office Inc. bought a new stake in iShares MSCI All Country Asia ex Japan ETF in the fourth quarter valued at $9,369,000. Finally, City of London Investment Management Co. Ltd. bought a new stake in iShares MSCI All Country Asia ex Japan ETF in the fourth quarter valued at $5,999,000.

iShares MSCI All Country Asia ex Japan ETF Trading Down 1.2 %

AAXJ opened at $65.60 on Wednesday. The stock has a market cap of $2.23 billion, a PE ratio of 12.01 and a beta of 0.68. iShares MSCI All Country Asia ex Japan ETF has a 1 year low of $60.92 and a 1 year high of $70.63. The stock’s 50 day simple moving average is $66.99 and its 200-day simple moving average is $65.19.

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).