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

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 1,430,000 shares, a decrease of 12.8% from the December 15th total of 1,640,000 shares. Based on an average daily volume of 525,100 shares, the short-interest ratio is presently 2.7 days.

iShares MSCI All Country Asia ex Japan ETF Price Performance

Shares of AAXJ stock opened at $71.92 on Friday. The company has a fifty day moving average price of $73.44 and a two-hundred day moving average price of $74.08. iShares MSCI All Country Asia ex Japan ETF has a one year low of $62.15 and a one year high of $82.25. The stock has a market cap of $2.46 billion, a P/E ratio of 13.34 and a beta of 0.68.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.0738 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Finley Financial LLC bought a new position in iShares MSCI All Country Asia ex Japan ETF during the fourth quarter worth about $466,000. iA Global Asset Management Inc. grew its holdings 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 purchasing an additional 6,640 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in iShares MSCI All Country Asia ex Japan ETF by 25.3% during the third quarter. JPMorgan Chase & Co. now owns 3,982,841 shares of the exchange traded fund’s stock worth $312,454,000 after purchasing an additional 804,213 shares during the period.

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).