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 recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 463,600 shares, a decrease of 10.5% from the March 15th total of 517,700 shares. Based on an average daily trading volume, of 777,500 shares, the short-interest ratio is presently 0.6 days.

iShares MSCI All Country Asia ex Japan ETF Stock Performance

Shares of NASDAQ AAXJ opened at $65.60 on Wednesday. The company’s fifty day moving average price is $66.99 and its 200 day moving average price is $65.19. The company has a market capitalization 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.

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

A number of large investors have recently added to or reduced their stakes in AAXJ. JPMorgan Chase & Co. raised its position in iShares MSCI All Country Asia ex Japan ETF by 127.3% during the first quarter. JPMorgan Chase & Co. now owns 3,605,548 shares of the exchange traded fund’s stock worth $244,709,000 after acquiring an additional 2,019,398 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its position in iShares MSCI All Country Asia ex Japan ETF by 42.7% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,721 shares of the exchange traded fund’s stock worth $36,523,000 after acquiring an additional 164,310 shares during the period. Connable Office Inc. acquired a new position in iShares MSCI All Country Asia ex Japan ETF during the fourth quarter worth $9,369,000. City of London Investment Management Co. Ltd. acquired a new position in iShares MSCI All Country Asia ex Japan ETF during the fourth quarter worth $5,999,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI All Country Asia ex Japan ETF during the first quarter worth $2,577,000.

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).