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

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 140,401 shares, an increase of 437.7% from the January 29th total of 26,110 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average trading volume of 234,740 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 234,740 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.5% of the company’s shares are sold short.

iShares Currency Hedged MSCI Japan ETF Stock Performance

Shares of HEWJ stock traded up $1.03 on Wednesday, hitting $60.54. 223,579 shares of the company’s stock traded hands, compared to its average volume of 129,910. The stock has a market capitalization of $575.13 million, a price-to-earnings ratio of 13.45 and a beta of 0.49. The company’s fifty day simple moving average is $56.07 and its 200 day simple moving average is $52.91. iShares Currency Hedged MSCI Japan ETF has a one year low of $35.81 and a one year high of $60.57.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Japan ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HEWJ. SBI Securities Co. Ltd. boosted its holdings in iShares Currency Hedged MSCI Japan ETF by 34.1% during the 4th quarter. SBI Securities Co. Ltd. now owns 857 shares of the company’s stock valued at $45,000 after acquiring an additional 218 shares during the period. Murphy & Mullick Capital Management Corp lifted its position in iShares Currency Hedged MSCI Japan ETF by 43.6% in the third quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock valued at $61,000 after purchasing an additional 358 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of iShares Currency Hedged MSCI Japan ETF by 10.1% during the third quarter. Arkadios Wealth Advisors now owns 4,935 shares of the company’s stock valued at $243,000 after purchasing an additional 453 shares during the period. BNP Paribas Financial Markets bought a new position in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter worth approximately $379,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of iShares Currency Hedged MSCI Japan ETF by 52.3% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 172,172 shares of the company’s stock worth $9,094,000 after buying an additional 59,104 shares during the period.

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.