iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Sees Large Decline in Short Interest

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 15,864 shares, a decline of 67.5% from the May 14th total of 48,756 shares. Based on an average trading volume of 21,410 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of iShares Currency Hedged MSCI ACWI ex U.S. ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Sunbelt Securities Inc. raised its stake in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 31.0% during the third quarter. Sunbelt Securities Inc. now owns 1,945 shares of the company’s stock valued at $74,000 after buying an additional 460 shares in the last quarter. Nova Wealth Management Inc. raised its stake in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 559.1% during the fourth quarter. Nova Wealth Management Inc. now owns 13,992 shares of the company’s stock valued at $552,000 after buying an additional 11,869 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 15.2% during the second quarter. NewEdge Advisors LLC now owns 217,635 shares of the company’s stock valued at $7,693,000 after buying an additional 28,659 shares in the last quarter.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Stock Performance

Shares of NYSEARCA:HAWX traded up $0.18 during trading on Friday, hitting $45.63. The company’s stock had a trading volume of 38,013 shares, compared to its average volume of 25,567. iShares Currency Hedged MSCI ACWI ex U.S. ETF has a fifty-two week low of $34.49 and a fifty-two week high of $46.17. The stock’s 50-day moving average price is $43.97 and its two-hundred day moving average price is $41.96. The company has a market capitalization of $348.61 million, a PE ratio of 15.74 and a beta of 0.51.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Company Profile

The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of global large- and mid-cap stocks outside the US, hedged against movements in the underlying currencies for US investors. HAWX was launched on Jun 29, 2015 and is managed by BlackRock.