iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Sees Significant Drop in Short Interest

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 26,110 shares, a decrease of 59.8% from the January 15th total of 64,948 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 28,963 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 28,963 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are short sold.

iShares Currency Hedged MSCI Japan ETF Trading Down 0.8%

iShares Currency Hedged MSCI Japan ETF stock traded down $0.50 during mid-day trading on Thursday, reaching $59.78. The company’s stock had a trading volume of 1,616,816 shares, compared to its average volume of 104,683. iShares Currency Hedged MSCI Japan ETF has a twelve month low of $35.81 and a twelve month high of $60.45. The business has a 50 day moving average price of $55.09 and a 200-day moving average price of $52.01. The firm has a market cap of $567.91 million, a price-to-earnings ratio of 13.45 and a beta of 0.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HEWJ. JPMorgan Chase & Co. grew its position in iShares Currency Hedged MSCI Japan ETF by 138.2% in the 4th quarter. JPMorgan Chase & Co. now owns 369,431 shares of the company’s stock worth $19,468,000 after purchasing an additional 214,312 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in shares of iShares Currency Hedged MSCI Japan ETF by 34.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 857 shares of the company’s stock worth $45,000 after buying an additional 218 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in iShares Currency Hedged MSCI Japan ETF in the 3rd quarter worth approximately $5,570,000. BNP Paribas Financial Markets acquired a new stake in iShares Currency Hedged MSCI Japan ETF in the 3rd quarter valued at approximately $379,000. Finally, Murphy & Mullick Capital Management Corp raised its stake in iShares Currency Hedged MSCI Japan ETF by 43.6% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock valued at $61,000 after acquiring an additional 358 shares in the last quarter.

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.