Short Interest in iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Expands By 201.0%

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 46,641 shares, a growth of 201.0% from the April 15th total of 15,497 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,242 shares, the short-interest ratio is presently 3.1 days.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE Small-Cap ETF

Several hedge funds have recently modified their holdings of HSCZ. CoreCap Advisors LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF in the 4th quarter valued at $25,000. Creative Financial Designs Inc. ADV lifted its stake in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock valued at $195,000 after buying an additional 3,294 shares in the last quarter. Capital Square LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF in the third quarter worth about $214,000. Thoroughbred Financial Services LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF in the third quarter worth about $384,000. Finally, IFP Advisors Inc increased its position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 25.0% in the third quarter. IFP Advisors Inc now owns 18,726 shares of the company’s stock worth $705,000 after acquiring an additional 3,750 shares in the last quarter.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Stock Performance

Shares of NYSEARCA HSCZ traded up $0.31 during trading on Thursday, hitting $42.99. The company had a trading volume of 12,835 shares, compared to its average volume of 22,307. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a 52 week low of $33.61 and a 52 week high of $43.07. The business’s 50-day moving average is $40.93 and its 200 day moving average is $40.15. The company has a market cap of $215.38 million, a P/E ratio of 14.36 and a beta of 0.61.

About iShares Currency Hedged MSCI EAFE Small-Cap ETF

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.