Short Interest in iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Decreases By 12.8%

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 1,290,000 shares, a drop of 12.8% from the October 31st total of 1,480,000 shares. Based on an average daily trading volume, of 552,600 shares, the days-to-cover ratio is presently 2.3 days.

Hedge Funds Weigh In On iShares MSCI All Country Asia ex Japan ETF

Large investors have recently added to or reduced their stakes in the company. iA Global Asset Management Inc. increased its position in shares of iShares MSCI All Country Asia ex Japan ETF by 15.4% during the third quarter. iA Global Asset Management Inc. now owns 49,746 shares of the exchange traded fund’s stock worth $3,903,000 after purchasing an additional 6,640 shares in the last quarter. Nicholas Hoffman & Company LLC. grew its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 2.2% during the second quarter. Nicholas Hoffman & Company LLC. now owns 42,689 shares of the exchange traded fund’s stock worth $3,073,000 after acquiring an additional 938 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the second quarter valued at about $56,000. Finally, Rathbones Group PLC raised its position in shares of iShares MSCI All Country Asia ex Japan ETF by 1.3% in the 2nd quarter. Rathbones Group PLC now owns 18,527 shares of the exchange traded fund’s stock valued at $1,334,000 after purchasing an additional 239 shares during the last quarter.

iShares MSCI All Country Asia ex Japan ETF Stock Up 0.3 %

Shares of NASDAQ:AAXJ opened at $74.20 on Monday. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 13.34 and a beta of 0.68. iShares MSCI All Country Asia ex Japan ETF has a 52 week low of $61.30 and a 52 week high of $82.25. The firm has a 50 day moving average of $76.93 and a 200 day moving average of $73.79.

About iShares MSCI All Country Asia ex Japan ETF

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).