iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Down 56.9% in August

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 32,083 shares, a decrease of 56.9% from the July 30th total of 74,422 shares. Based on an average daily trading volume, of 36,719 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are short sold.

iShares Currency Hedged MSCI Japan ETF Price Performance

HEWJ opened at $65.11 on Monday. The company’s 50-day moving average price is $64.06 and its 200 day moving average price is $61.16. iShares Currency Hedged MSCI Japan ETF has a fifty-two week low of $47.60 and a fifty-two week high of $66.92. The firm has a market cap of $748.76 million, a price-to-earnings ratio of 13.45 and a beta of 0.49.

Institutional Trading of iShares Currency Hedged MSCI Japan ETF

Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew 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 buying an additional 214,312 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 52.3% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 172,172 shares of the company’s stock valued at $9,094,000 after acquiring an additional 59,104 shares during the period. Williams Jones Wealth Management LLC. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF during the fourth quarter valued at $3,507,000. Ascentis Independent Advisors lifted its position in iShares Currency Hedged MSCI Japan ETF by 51.3% in the 1st quarter. Ascentis Independent Advisors now owns 13,628 shares of the company’s stock valued at $767,000 after purchasing an additional 4,619 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in iShares Currency Hedged MSCI Japan ETF during the 3rd quarter valued at about $379,000.

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.