Short Interest in iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Drops By 66.0%

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 22,668 shares, a decrease of 66.0% from the July 30th total of 66,754 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 19,667 shares, the short-interest ratio is presently 1.2 days.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Stock Up 0.1%

Shares of NYSEARCA HSCZ traded up $0.03 during trading on Friday, reaching $44.26. 32,283 shares of the company traded hands, compared to its average volume of 25,012. The firm has a 50 day simple moving average of $43.29 and a 200-day simple moving average of $42.24. The stock has a market capitalization of $248.30 million, a PE ratio of 14.36 and a beta of 0.61. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a 52-week low of $36.58 and a 52-week high of $44.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Continuum Advisory LLC bought a new stake in iShares Currency Hedged MSCI EAFE Small-Cap ETF in the 2nd quarter worth approximately $28,000. First PREMIER Bank lifted its holdings in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 7.5% during the 2nd quarter. First PREMIER Bank now owns 42,256 shares of the company’s stock valued at $1,817,000 after buying an additional 2,940 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock worth $195,000 after buying an additional 3,294 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 116.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 54,023 shares of the company’s stock worth $2,032,000 after buying an additional 29,101 shares during the last quarter.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Company Profile

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.