iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Stock Short Interest Report for September

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 22,219 shares, a growth of 129.7% from the September 15th total of 9,673 shares. Based on an average daily volume of 45,566 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

iShares Currency Hedged MSCI Japan ETF Trading Down 1.5%

NYSEARCA HEWJ traded down $0.98 during trading on Wednesday, reaching $64.61. The company’s stock had a trading volume of 26,240 shares, compared to its average volume of 127,086. The firm has a market capitalization of $642.87 million, a price-to-earnings ratio of 13.45 and a beta of 0.51. iShares Currency Hedged MSCI Japan ETF has a 12 month low of $50.82 and a 12 month high of $67.27. The firm has a 50 day moving average price of $65.01 and a 200 day moving average price of $62.83.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Japan ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Compass Financial Management LLC bought a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the second quarter valued at approximately $96,000. Arkadios Wealth Advisors grew its position in iShares Currency Hedged MSCI Japan ETF by 13.9% during the first quarter. Arkadios Wealth Advisors now owns 5,753 shares of the company’s stock worth $324,000 after buying an additional 700 shares in the last quarter. Finally, Ascentis Independent Advisors grew its position in iShares Currency Hedged MSCI Japan ETF by 51.3% during the first quarter. Ascentis Independent Advisors now owns 13,628 shares of the company’s stock worth $767,000 after buying an additional 4,619 shares in the last quarter.

About iShares Currency Hedged MSCI Japan ETF

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.