iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Up 112.5% in August

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 68,180 shares, an increase of 112.5% from the August 15th total of 32,083 shares. Based on an average daily trading volume, of 76,387 shares, the short-interest ratio is currently 0.9 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Trading of iShares Currency Hedged MSCI Japan ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Compass Financial Management LLC bought a new position in iShares Currency Hedged MSCI Japan ETF in the second quarter worth $96,000. Arkadios Wealth Advisors increased its holdings in 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 valued at $324,000 after buying an additional 700 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF in the 3rd quarter valued at $379,000. Ascentis Independent Advisors raised its stake in shares of iShares Currency Hedged MSCI Japan ETF by 51.3% in the 1st quarter. Ascentis Independent Advisors now owns 13,628 shares of the company’s stock valued at $767,000 after buying an additional 4,619 shares in the last quarter. Finally, Williams Jones Wealth Management LLC. bought a new position in shares of iShares Currency Hedged MSCI Japan ETF during the 4th quarter worth about $3,507,000.

iShares Currency Hedged MSCI Japan ETF Trading Down 0.2%

HEWJ traded down $0.10 on Monday, hitting $64.16. 6,211 shares of the stock traded hands, compared to its average volume of 138,122. iShares Currency Hedged MSCI Japan ETF has a 52 week low of $48.91 and a 52 week high of $66.92. The firm has a market capitalization of $737.83 million, a PE ratio of 13.45 and a beta of 0.49. The business has a fifty day moving average price of $64.11 and a two-hundred day moving average price of $61.50.

iShares Currency Hedged MSCI Japan ETF Company Profile

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.