iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Down 34.9% in December

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 30,105 shares, a decline of 34.9% from the November 30th total of 46,249 shares. Based on an average daily volume of 37,189 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 37,189 shares, the short-interest ratio is presently 0.8 days.

iShares Currency Hedged MSCI Japan ETF Price Performance

Shares of HEWJ stock traded down $0.05 during trading hours on Monday, reaching $52.62. The company had a trading volume of 54,677 shares, compared to its average volume of 63,606. The company has a 50 day moving average of $53.38 and a 200 day moving average of $49.43. iShares Currency Hedged MSCI Japan ETF has a 1-year low of $35.81 and a 1-year high of $54.90. The firm has a market cap of $486.74 million, a price-to-earnings ratio of 13.45 and a beta of 0.49.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Japan ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF during the 3rd quarter worth $5,570,000. BNP Paribas Financial Markets acquired a new stake in iShares Currency Hedged MSCI Japan ETF in the third quarter valued at approximately $379,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 7,286.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 155,119 shares of the company’s stock worth $7,642,000 after acquiring an additional 153,019 shares during the last quarter. Murphy & Mullick Capital Management Corp increased its stake in iShares Currency Hedged MSCI Japan ETF by 43.6% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock valued at $61,000 after buying an additional 358 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in iShares Currency Hedged MSCI Japan ETF by 10.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,935 shares of the company’s stock worth $243,000 after acquiring an additional 453 shares during the last quarter.

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.