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

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

Institutional Trading of iShares Currency Hedged MSCI Japan ETF

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in iShares Currency Hedged MSCI Japan ETF by 7,286.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 155,119 shares of the company’s stock valued at $7,642,000 after buying an additional 153,019 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter worth $5,570,000. BNP Paribas Financial Markets purchased a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter valued at $379,000. Arkadios Wealth Advisors acquired a new stake in shares of iShares Currency Hedged MSCI Japan ETF during the second quarter valued at $201,000. Finally, Murphy & Mullick Capital Management Corp boosted its stake in shares of iShares Currency Hedged MSCI Japan ETF by 43.6% during the third quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock valued at $61,000 after acquiring an additional 358 shares during the last quarter.

iShares Currency Hedged MSCI Japan ETF Price Performance

Shares of HEWJ stock opened at $52.67 on Friday. The business’s fifty day moving average price is $53.38 and its 200 day moving average price is $49.33. The firm has a market capitalization of $487.20 million, a PE ratio of 13.45 and a beta of 0.49. iShares Currency Hedged MSCI Japan ETF has a 1-year low of $35.81 and a 1-year high of $54.90.

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.