iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Down 61.0% in March

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 30,831 shares, a decrease of 61.0% from the February 26th total of 79,046 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 780,952 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Japan ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. boosted its holdings in iShares Currency Hedged MSCI Japan ETF by 34.1% in the fourth quarter. SBI Securities Co. Ltd. now owns 857 shares of the company’s stock worth $45,000 after purchasing an additional 218 shares in the last quarter. Murphy & Mullick Capital Management Corp raised its holdings in iShares Currency Hedged MSCI Japan ETF by 43.6% during the third quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock valued at $61,000 after buying an additional 358 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of iShares Currency Hedged MSCI Japan ETF by 10.1% in the third quarter. Arkadios Wealth Advisors now owns 4,935 shares of the company’s stock worth $243,000 after buying an additional 453 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter worth about $379,000. Finally, Williams Jones Wealth Management LLC. bought a new stake in shares of iShares Currency Hedged MSCI Japan ETF during the 4th quarter worth about $3,507,000.

iShares Currency Hedged MSCI Japan ETF Stock Performance

Shares of NYSEARCA HEWJ traded down $0.85 during mid-day trading on Friday, reaching $54.72. The company had a trading volume of 101,093 shares, compared to its average volume of 234,430. The company has a market capitalization of $519.84 million, a price-to-earnings ratio of 13.45 and a beta of 0.49. The stock has a fifty day moving average of $57.24 and a two-hundred day moving average of $54.18. iShares Currency Hedged MSCI Japan ETF has a 12-month low of $35.81 and a 12-month high of $60.94.

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.