iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Down 43.7% in February

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 79,046 shares, a decline of 43.7% from the February 12th total of 140,401 shares. Based on an average daily volume of 208,651 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 208,651 shares, the days-to-cover ratio is presently 0.4 days.

iShares Currency Hedged MSCI Japan ETF Stock Performance

NYSEARCA HEWJ traded down $0.74 during trading hours on Thursday, reaching $56.30. 728,897 shares of the company’s stock were exchanged, compared to its average volume of 250,786. The company has a market capitalization of $534.85 million, a price-to-earnings ratio of 13.45 and a beta of 0.49. The company’s 50-day moving average is $57.03 and its two-hundred day moving average is $53.58. iShares Currency Hedged MSCI Japan ETF has a one year low of $35.81 and a one year high of $60.94.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Japan ETF

Several large investors have recently made changes to their positions in the stock. Arkadios Wealth Advisors lifted its position 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 valued at $243,000 after acquiring an additional 453 shares in the last quarter. Murphy & Mullick Capital Management Corp raised its stake in shares of 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 purchasing an additional 358 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 7,286.6% in the third quarter. JPMorgan Chase & Co. now owns 155,119 shares of the company’s stock valued at $7,642,000 after purchasing an additional 153,019 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter valued at about $379,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF during the third quarter worth about $5,570,000.

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.