iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Update

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 110,515 shares, a growth of 799.2% from the June 30th total of 12,290 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 59,787 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. boosted its stake in shares of iShares Currency Hedged MSCI Japan ETF by 34.1% in the 4th quarter. SBI Securities Co. Ltd. now owns 857 shares of the company’s stock valued at $45,000 after purchasing an additional 218 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of iShares Currency Hedged MSCI Japan ETF by 13.9% during the 1st quarter. Arkadios Wealth Advisors now owns 5,753 shares of the company’s stock worth $324,000 after purchasing an additional 700 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of iShares Currency Hedged MSCI Japan ETF during the 3rd quarter worth about $379,000. Ascentis Independent Advisors increased its position in shares of iShares Currency Hedged MSCI Japan ETF by 51.3% during the 1st quarter. Ascentis Independent Advisors now owns 13,628 shares of the company’s stock worth $767,000 after purchasing an additional 4,619 shares in the last quarter. Finally, Williams Jones Wealth Management LLC. bought a new position in iShares Currency Hedged MSCI Japan ETF during the 4th quarter valued at about $3,507,000.

iShares Currency Hedged MSCI Japan ETF Price Performance

Shares of HEWJ stock opened at $63.34 on Friday. The stock’s fifty day simple moving average is $63.26 and its 200 day simple moving average is $59.65. iShares Currency Hedged MSCI Japan ETF has a one year low of $44.79 and a one year high of $66.92. The firm has a market cap of $728.41 million, a price-to-earnings ratio of 13.45 and a beta of 0.48.

iShares Currency Hedged MSCI Japan ETF Company Profile

The iShares Currency Hedged MSCI Japan ETF (HEWJ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap Japanese stocks, while fully hedging out its exposure to the yen relative to the US dollar. HEWJ was launched on Jan 31, 2014 and is managed by BlackRock.