iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Sees Large Increase in Short Interest

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 42,595 shares, an increase of 197.6% from the September 30th total of 14,313 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 32,351 shares, the days-to-cover ratio is currently 1.3 days.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Stock Down 0.4%

Shares of HAWX stock traded down $0.17 on Thursday, reaching $44.83. The company’s stock had a trading volume of 6,011 shares, compared to its average volume of 24,067. iShares Currency Hedged MSCI ACWI ex U.S. ETF has a 12-month low of $38.15 and a 12-month high of $47.43. The company has a market capitalization of $354.14 million, a P/E ratio of 15.74 and a beta of 0.52. The stock’s 50 day simple moving average is $45.53 and its 200-day simple moving average is $44.08.

About iShares Currency Hedged MSCI ACWI ex U.S. ETF

The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of global large- and mid-cap stocks outside the US, hedged against movements in the underlying currencies for US investors. HAWX was launched on Jun 29, 2015 and is managed by BlackRock.