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

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

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

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

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

Shares of HAWX opened at $44.08 on Thursday. The company’s 50-day simple moving average is $43.79 and its 200-day simple moving average is $41.88. The stock has a market capitalization of $336.77 million, a PE ratio of 15.74 and a beta of 0.51. iShares Currency Hedged MSCI ACWI ex U.S. ETF has a 1 year low of $34.49 and a 1 year high of $46.17.

About iShares Currency Hedged MSCI ACWI ex U.S. ETF

(Get Free Report)

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.

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