Short Interest in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Expands By 113.5%

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 443,910 shares, an increase of 113.5% from the May 14th total of 207,878 shares. Based on an average trading volume of 482,585 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Hedge funds have recently bought and sold shares of the company. Private Trust Co. NA grew its stake in 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 worth $28,000 after purchasing an additional 386 shares in the last quarter. Millstone Evans Group LLC acquired a new position in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth about $29,000. Triumph Capital Management acquired a new position in iShares Currency Hedged MSCI EAFE ETF in the third quarter worth about $49,000. Bessemer Group Inc. grew its stake in 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 worth $50,000 after purchasing an additional 338 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its stake in iShares Currency Hedged MSCI EAFE ETF by 5,154.1% in the third quarter. Sunbelt Securities Inc. now owns 1,944 shares of the company’s stock worth $77,000 after purchasing an additional 1,907 shares in the last quarter.

iShares Currency Hedged MSCI EAFE ETF Price Performance

BATS:HEFA traded up $0.15 during mid-day trading on Friday, reaching $46.06. The stock had a trading volume of 447,613 shares, compared to its average volume of 745,636. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a 1-year low of $37.05 and a 1-year high of $46.76. The stock’s 50 day simple moving average is $44.69 and its two-hundred day simple moving average is $43.31.

iShares Currency Hedged MSCI EAFE ETF Company Profile

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.