ORBISA ON EWJ
In our latest Take Notes, Orbisa explores iShares MSCI Japan ETF (Ticker: EWJ), which saw its borrow quantity double from 4 million to 8 million shares in a single day following the Nikkei index’s 12% drop on August 5. While both EWJ and the Nikkei have recovered some of their losses in the last week, over 7 million shares of EWJ are still out on loan, as a major prime broker indicates more short positions are being added.
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Published August 15, 2024.