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

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,480,000 shares, a decrease of 29.9% from the October 15th total of 2,110,000 shares. Based on an average daily volume of 510,100 shares, the days-to-cover ratio is currently 2.9 days.

iShares MSCI All Country Asia ex Japan ETF Stock Down 0.7 %

NASDAQ AAXJ opened at $73.85 on Thursday. 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 stock has a market capitalization of $2.51 billion, a P/E ratio of 13.34 and a beta of 0.68. The firm has a 50-day moving average price of $76.45 and a 200 day moving average price of $73.47.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

Several large investors have recently modified their holdings of AAXJ. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI All Country Asia ex Japan ETF during the 1st quarter worth approximately $8,422,000. iA Global Asset Management Inc. lifted its position in shares of iShares MSCI All Country Asia ex Japan ETF by 14.2% during the 1st quarter. iA Global Asset Management Inc. now owns 43,413 shares of the exchange traded fund’s stock worth $2,941,000 after buying an additional 5,390 shares during the period. Nicholas Hoffman & Company LLC. boosted its stake in iShares MSCI All Country Asia ex Japan ETF by 2.2% in the 2nd 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 acquired a new position in iShares MSCI All Country Asia ex Japan ETF during the second quarter worth $56,000. Finally, Rathbones Group PLC lifted its holdings in shares of 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 valued at $1,334,000 after acquiring an additional 239 shares during the period.

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).