iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Short Interest Update

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 20,227 shares, a growth of 913.9% from the June 30th total of 1,995 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 53,995 shares, the short-interest ratio is currently 0.4 days.

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

Shares of HAWX stock opened at $44.90 on Friday. The company has a market cap of $343.49 million, a P/E ratio of 15.74 and a beta of 0.51. The firm has a 50-day moving average of $45.43 and a 200-day moving average of $43.27. iShares Currency Hedged MSCI ACWI ex U.S. ETF has a one year low of $34.88 and a one year high of $47.43.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nova Wealth Management Inc. boosted its holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 559.1% in the 4th quarter. Nova Wealth Management Inc. now owns 13,992 shares of the company’s stock worth $552,000 after buying an additional 11,869 shares during the period. Sunbelt Securities Inc. lifted its holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 31.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,945 shares of the company’s stock worth $74,000 after purchasing an additional 460 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 15.2% during the 2nd quarter. NewEdge Advisors LLC now owns 217,635 shares of the company’s stock worth $7,693,000 after purchasing an additional 28,659 shares in the last quarter.

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

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.