iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Down 59.8% in January

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 26,110 shares, a decline of 59.8% from the January 15th total of 64,948 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 28,963 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 28,963 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Japan ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of HEWJ. JPMorgan Chase & Co. increased its stake in iShares Currency Hedged MSCI Japan ETF by 138.2% during 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 in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter valued at approximately $5,570,000. Williams Jones Wealth Management LLC. bought a new stake in shares of iShares Currency Hedged MSCI Japan ETF during the fourth quarter worth $3,507,000. BNP Paribas Financial Markets acquired a new stake in shares of iShares Currency Hedged MSCI Japan ETF during the third quarter worth $379,000. Finally, Arkadios Wealth Advisors acquired a new position in iShares Currency Hedged MSCI Japan ETF in the 2nd quarter worth $201,000.

iShares Currency Hedged MSCI Japan ETF Stock Up 0.3%

HEWJ stock traded up $0.17 during midday trading on Friday, reaching $59.95. The stock had a trading volume of 44,961 shares, compared to its average volume of 102,692. The firm has a market cap of $569.53 million, a price-to-earnings ratio of 13.45 and a beta of 0.49. 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 fifty day simple moving average of $55.21 and a two-hundred day simple moving average of $52.16.

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.