iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Update

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 64,948 shares, an increase of 87.7% from the December 31st total of 34,595 shares. Based on an average trading volume of 44,517 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 44,517 shares, the days-to-cover ratio is presently 1.5 days.

iShares Currency Hedged MSCI Japan ETF Trading Up 0.7%

NYSEARCA HEWJ traded up $0.40 during mid-day trading on Friday, reaching $55.36. 13,134 shares of the company’s stock traded hands, compared to its average volume of 36,692. The company has a fifty day simple moving average of $54.27 and a 200-day simple moving average of $51.17. iShares Currency Hedged MSCI Japan ETF has a 1-year low of $35.81 and a 1-year high of $56.74. The company has a market cap of $525.92 million, a price-to-earnings ratio of 13.45 and a beta of 0.49.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Murphy & Mullick Capital Management Corp increased its position in shares of iShares Currency Hedged MSCI Japan ETF by 43.6% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock worth $61,000 after purchasing an additional 358 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in iShares Currency Hedged MSCI Japan ETF during the second quarter valued at approximately $201,000. BNP Paribas Financial Markets acquired a new stake in iShares Currency Hedged MSCI Japan ETF during the third quarter valued at approximately $379,000. OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in iShares Currency Hedged MSCI Japan ETF by 0.3% during the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 89,530 shares of the company’s stock worth $4,010,000 after buying an additional 228 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF in the 3rd quarter worth approximately $5,570,000.

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.