iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Down 56.9% in August

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 32,083 shares, a decrease of 56.9% from the July 30th total of 74,422 shares. Based on an average trading volume of 36,719 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Trading of iShares Currency Hedged MSCI Japan ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. grew its position in 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 worth $45,000 after purchasing an additional 218 shares during the last quarter. Compass Financial Management LLC bought a new position in shares of iShares Currency Hedged MSCI Japan ETF in the second quarter valued at approximately $96,000. Arkadios Wealth Advisors boosted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 13.9% in the 1st quarter. Arkadios Wealth Advisors now owns 5,753 shares of the company’s stock worth $324,000 after acquiring an additional 700 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF in the 3rd quarter worth approximately $379,000. Finally, Ascentis Independent Advisors grew its position in 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 acquiring an additional 4,619 shares during the last quarter.

iShares Currency Hedged MSCI Japan ETF Stock Performance

Shares of NYSEARCA:HEWJ traded up $0.16 during midday trading on Friday, hitting $65.11. The company’s stock had a trading volume of 14,767 shares, compared to its average volume of 133,952. The stock’s 50 day simple moving average is $64.06 and its 200 day simple moving average is $61.15. The stock has a market capitalization of $748.76 million, a price-to-earnings ratio of 13.45 and a beta of 0.49. iShares Currency Hedged MSCI Japan ETF has a fifty-two week low of $47.60 and a fifty-two week high of $66.92.

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.