iShares MSCI All Country Asia ex Japan ETF (AAXJ) Sees Significant Decline 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 February. As of February 28th, there was short interest totalling 397,856 shares, a decrease of 30.6% from the February 15th total of 573,680 shares. Based on an average daily volume of 1,506,972 shares, the days-to-cover ratio is currently 0.3 days.

A number of large investors have recently made changes to their positions in AAXJ. Janney Montgomery Scott LLC grew its stake in iShares MSCI All Country Asia ex Japan ETF by 7.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 318,625 shares of the exchange traded fund’s stock valued at $20,242,000 after purchasing an additional 21,212 shares during the period. Assetmark Inc. bought a new position in iShares MSCI All Country Asia ex Japan ETF in the 3rd quarter valued at $1,478,000. Crescent Grove Advisors LLC bought a new position in iShares MSCI All Country Asia ex Japan ETF in the 4th quarter valued at $1,138,000. Sumitomo Mitsui Trust Holdings Inc. grew its stake in iShares MSCI All Country Asia ex Japan ETF by 73.2% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 42,058 shares of the exchange traded fund’s stock valued at $2,970,000 after purchasing an additional 17,771 shares during the period. Finally, MAI Capital Management grew its stake in iShares MSCI All Country Asia ex Japan ETF by 230.0% in the 4th quarter. MAI Capital Management now owns 20,584 shares of the exchange traded fund’s stock valued at $1,308,000 after purchasing an additional 14,346 shares during the period.

Shares of NASDAQ:AAXJ opened at $70.33 on Friday. iShares MSCI All Country Asia ex Japan ETF has a 1 year low of $60.48 and a 1 year high of $79.79.

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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).

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