Short Interest in iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Expands By 144.2%

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 55,358 shares, a growth of 144.2% from the August 15th total of 22,668 shares. Based on an average trading volume of 20,612 shares, the short-interest ratio is presently 2.7 days. Approximately 1.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Continuum Advisory LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF during the second quarter worth about $28,000. First PREMIER Bank grew its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 7.5% in the second quarter. First PREMIER Bank now owns 42,256 shares of the company’s stock valued at $1,817,000 after buying an additional 2,940 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock valued at $195,000 after buying an additional 3,294 shares during the period.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Price Performance

Shares of HSCZ stock remained flat at $43.15 during mid-day trading on Monday. 18,920 shares of the stock were exchanged, compared to its average volume of 24,554. The stock has a market cap of $242.07 million, a price-to-earnings ratio of 14.36 and a beta of 0.61. The firm’s 50-day moving average is $43.40 and its 200 day moving average is $42.38. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a fifty-two week low of $37.35 and a fifty-two week high of $44.42.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Company Profile

The iShares Currency Hedged MSCI EAFE Small-Cap ETF (HSCZ) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of small-cap stocks from developed markets outside the US and Canada, hedged against movements in the underlying currencies for US investors. HSCZ was launched on Jul 1, 2015 and is managed by BlackRock.