Short Interest in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Drops By 44.0%

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 261,528 shares, a decline of 44.0% from the June 15th total of 467,213 shares. Based on an average trading volume of 402,768 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are sold short.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

iShares Currency Hedged MSCI EAFE ETF stock opened at $45.88 on Friday. The stock has a market cap of $7.73 billion, a PE ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a one year low of $37.05 and a one year high of $47.18. The stock has a fifty day moving average of $45.84 and a 200 day moving average of $44.20.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

Several hedge funds and other institutional investors have recently made changes to their positions in HEFA. Private Trust Co. NA lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 135.9% in the 4th quarter. Private Trust Co. NA now owns 670 shares of the company’s stock worth $28,000 after purchasing an additional 386 shares during the period. Millstone Evans Group LLC bought a new stake in iShares Currency Hedged MSCI EAFE ETF during the fourth quarter valued at approximately $29,000. Bessemer Group Inc. increased its holdings in iShares Currency Hedged MSCI EAFE ETF by 39.9% during the first quarter. Bessemer Group Inc. now owns 1,186 shares of the company’s stock valued at $50,000 after buying an additional 338 shares during the last quarter. Triumph Capital Management purchased a new stake in iShares Currency Hedged MSCI EAFE ETF during the third quarter valued at approximately $49,000. Finally, Arlington Trust Co LLC bought a new position in iShares Currency Hedged MSCI EAFE ETF in the second quarter worth approximately $85,000.

iShares Currency Hedged MSCI EAFE ETF Company Profile

The iShares Currency Hedged MSCI EAFE ETF (HEFA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted, USD-hedged index of large- and mid-cap stocks from developed countries outside the US and Canada. HEFA was launched on Jan 31, 2014 and is managed by BlackRock.