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

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 1,600,000 shares, an increase of 24.0% from the November 15th total of 1,290,000 shares. Based on an average daily volume of 581,100 shares, the short-interest ratio is presently 2.8 days.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. iA Global Asset Management Inc. increased its position in 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 acquiring an additional 6,640 shares during the period. Nicholas Hoffman & Company LLC. raised its position in shares of iShares MSCI All Country Asia ex Japan ETF by 2.2% in the second quarter. Nicholas Hoffman & Company LLC. now owns 42,689 shares of the exchange traded fund’s stock valued at $3,073,000 after buying an additional 938 shares in the last quarter. Innealta Capital LLC bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF in the second quarter valued at approximately $56,000. Finally, Rathbones Group PLC grew its position in iShares MSCI All Country Asia ex Japan ETF by 1.3% during the second quarter. Rathbones Group PLC now owns 18,527 shares of the exchange traded fund’s stock worth $1,334,000 after buying an additional 239 shares in the last quarter.

iShares MSCI All Country Asia ex Japan ETF Stock Performance

Shares of NASDAQ AAXJ opened at $75.27 on Friday. The stock has a 50 day moving average price of $76.33 and a 200 day moving average price of $73.94. The stock has a market capitalization of $2.56 billion, a PE 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.

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).