iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Short Interest Down 44.0% in June

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 261,528 shares, a decline of 44.0% from the June 15th total of 467,213 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 402,768 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA raised its stake in iShares Currency Hedged MSCI EAFE ETF by 135.9% during the 4th quarter. Private Trust Co. NA now owns 670 shares of the company’s stock worth $28,000 after acquiring an additional 386 shares during the period. Millstone Evans Group LLC bought a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth approximately $29,000. Triumph Capital Management purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the third quarter worth $49,000. Bessemer Group Inc. increased its stake 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 worth $50,000 after purchasing an additional 338 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 5,154.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,944 shares of the company’s stock valued at $77,000 after purchasing an additional 1,907 shares during the period.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

BATS:HEFA opened at $46.36 on Thursday. The stock has a 50-day simple moving average of $45.78 and a two-hundred day simple moving average of $44.15. The firm has a market capitalization of $7.81 billion, a PE ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a 52-week low of $37.05 and a 52-week high of $47.18.

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.