iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Up 799.2% in July

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 110,515 shares, a growth of 799.2% from the June 30th total of 12,290 shares. Based on an average daily volume of 59,787 shares, the short-interest ratio is currently 1.8 days. Currently, 1.0% of the company’s shares are sold short.

iShares Currency Hedged MSCI Japan ETF Stock Performance

HEWJ opened at $63.34 on Monday. The firm’s fifty day moving average is $63.26 and its two-hundred day moving average is $59.69. The firm has a market cap of $728.41 million, a PE ratio of 13.45 and a beta of 0.48. iShares Currency Hedged MSCI Japan ETF has a twelve month low of $44.79 and a twelve month high of $66.92.

Institutional Trading of iShares Currency Hedged MSCI Japan ETF

A number of large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 7,286.6% in the third quarter. JPMorgan Chase & Co. now owns 155,119 shares of the company’s stock worth $7,642,000 after acquiring an additional 153,019 shares in the last quarter. BNP Paribas Financial Markets bought a new position in shares of iShares Currency Hedged MSCI Japan ETF during the 3rd quarter valued at about $379,000. SBI Securities Co. Ltd. lifted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 34.1% during the 4th quarter. SBI Securities Co. Ltd. now owns 857 shares of the company’s stock valued at $45,000 after purchasing an additional 218 shares in the last quarter. Williams Jones Wealth Management LLC. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF in the 4th quarter valued at approximately $3,507,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of iShares Currency Hedged MSCI Japan ETF by 52.3% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 172,172 shares of the company’s stock valued at $9,094,000 after purchasing an additional 59,104 shares during the period.

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.