Short Interest in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Rises By 96.7%

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 374,953 shares, an increase of 96.7% from the April 15th total of 190,659 shares. Based on an average daily volume of 566,522 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA grew its position in shares of iShares Currency Hedged MSCI EAFE ETF by 135.9% in the fourth quarter. Private Trust Co. NA now owns 670 shares of the company’s stock valued at $28,000 after purchasing an additional 386 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the fourth quarter valued at $29,000. GPS Wealth Strategies Group LLC grew its position in shares of iShares Currency Hedged MSCI EAFE ETF by 241.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 1,127 shares of the company’s stock valued at $45,000 after purchasing an additional 797 shares in the last quarter. Bessemer Group Inc. grew its position in shares of iShares Currency Hedged MSCI EAFE ETF by 39.9% in the first quarter. Bessemer Group Inc. now owns 1,186 shares of the company’s stock valued at $50,000 after purchasing an additional 338 shares in the last quarter. Finally, Triumph Capital Management purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the third quarter valued at $49,000.

iShares Currency Hedged MSCI EAFE ETF Stock Down 1.3%

BATS HEFA opened at $44.34 on Friday. The company’s 50 day moving average is $43.44 and its 200-day moving average is $42.69. iShares Currency Hedged MSCI EAFE ETF has a 12-month low of $37.05 and a 12-month high of $45.22. The firm has a market cap of $7.47 billion, a P/E ratio of 15.74 and a beta of 0.67.

About iShares Currency Hedged MSCI EAFE ETF

The iShares Currency Hedged MSCI EAFE ETF (HEFA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted, USD-hedged index of large- and mid-cap stocks from developed countries outside the US and Canada. HEFA was launched on Jan 31, 2014 and is managed by BlackRock.