iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Shares Shorted: Short Interest Down 85.8% in September

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 9,673 shares, a decline of 85.8% from the August 31st total of 68,180 shares. Based on an average daily trading volume, of 212,128 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

iShares Currency Hedged MSCI Japan ETF Stock Up 1.1%

iShares Currency Hedged MSCI Japan ETF stock traded up $0.69 during mid-day trading on Friday, hitting $65.47. 12,890 shares of the company’s stock were exchanged, compared to its average volume of 134,048. The company’s 50 day simple moving average is $64.23 and its 200-day simple moving average is $61.88. The firm has a market capitalization of $651.42 million, a P/E ratio of 13.45 and a beta of 0.49. iShares Currency Hedged MSCI Japan ETF has a fifty-two week low of $48.91 and a fifty-two week high of $66.92.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Japan ETF

Several institutional investors have recently modified their holdings of HEWJ. Ascentis Independent Advisors increased its position in shares of iShares Currency Hedged MSCI Japan ETF by 51.3% during the first quarter. Ascentis Independent Advisors now owns 13,628 shares of the company’s stock worth $767,000 after acquiring an additional 4,619 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 13.9% in the first quarter. Arkadios Wealth Advisors now owns 5,753 shares of the company’s stock valued at $324,000 after purchasing an additional 700 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF during the second quarter worth about $96,000.

About iShares Currency Hedged MSCI Japan ETF

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.