iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Short Interest Up 201.0% in April

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 46,641 shares, an increase of 201.0% from the April 15th total of 15,497 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 15,242 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. First PREMIER Bank boosted its holdings in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 28.9% during the first quarter. First PREMIER Bank now owns 39,316 shares of the company’s stock worth $1,560,000 after purchasing an additional 8,825 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock worth $195,000 after purchasing an additional 3,294 shares during the last quarter. CoreCap Advisors LLC acquired a new position in iShares Currency Hedged MSCI EAFE Small-Cap ETF during the fourth quarter worth $25,000. IFP Advisors Inc boosted its holdings in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 25.0% during the third quarter. IFP Advisors Inc now owns 18,726 shares of the company’s stock worth $705,000 after purchasing an additional 3,750 shares during the last quarter. Finally, Capital Square LLC acquired a new position in iShares Currency Hedged MSCI EAFE Small-Cap ETF during the third quarter worth $214,000.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Stock Down 1.2%

HSCZ traded down $0.53 during trading hours on Friday, hitting $42.46. 29,709 shares of the company’s stock were exchanged, compared to its average volume of 22,386. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a 1-year low of $33.61 and a 1-year high of $43.07. The stock’s 50-day moving average is $40.95 and its two-hundred day moving average is $40.17. The stock has a market cap of $212.72 million, a price-to-earnings ratio of 14.36 and a beta of 0.61.

About iShares Currency Hedged MSCI EAFE Small-Cap ETF

The iShares Currency Hedged MSCI EAFE Small-Cap ETF (HSCZ) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of small-cap stocks from developed markets outside the US and Canada, hedged against movements in the underlying currencies for US investors. HSCZ was launched on Jul 1, 2015 and is managed by BlackRock.