iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Sees Significant Decrease in Short Interest

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 22,668 shares, a drop of 66.0% from the July 30th total of 66,754 shares. Based on an average daily trading volume, of 19,667 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.4% of the shares of the company are short sold.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Stock Up 0.1%

Shares of NYSEARCA:HSCZ traded up $0.03 during midday trading on Friday, reaching $44.26. The company’s stock had a trading volume of 32,283 shares, compared to its average volume of 25,012. The stock has a fifty day moving average of $43.27 and a 200 day moving average of $42.23. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a twelve month low of $36.58 and a twelve month high of $44.42. The firm has a market capitalization of $248.30 million, a PE ratio of 14.36 and a beta of 0.61.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE Small-Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC boosted its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 116.8% in the third quarter. Flow Traders U.S. LLC now owns 54,023 shares of the company’s stock worth $2,032,000 after buying an additional 29,101 shares during the last quarter. Continuum Advisory LLC purchased a new position in iShares Currency Hedged MSCI EAFE Small-Cap ETF during the second quarter valued at approximately $28,000. First PREMIER Bank lifted its holdings in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 7.5% in the second quarter. First PREMIER Bank now owns 42,256 shares of the company’s stock valued at $1,817,000 after acquiring an additional 2,940 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its position in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock worth $195,000 after purchasing an additional 3,294 shares in the last quarter.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Company Profile

The iShares Currency Hedged MSCI EAFE Small-Cap ETF (HSCZ) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of small-cap stocks from developed markets outside the US and Canada, hedged against movements in the underlying currencies for US investors. HSCZ was launched on Jul 1, 2015 and is managed by BlackRock.