Short Interest in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Increases By 96.7%

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFAGet Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 374,953 shares, a growth of 96.7% from the April 15th total of 190,659 shares. Based on an average daily volume of 566,522 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

iShares Currency Hedged MSCI EAFE ETF Price Performance

iShares Currency Hedged MSCI EAFE ETF stock opened at $44.65 on Tuesday. The firm has a 50 day simple moving average of $43.48 and a 200-day simple moving average of $42.73. The stock has a market capitalization of $7.52 billion, a PE ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a 12-month low of $37.05 and a 12-month high of $45.22.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its stake in 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 acquired a new position in iShares Currency Hedged MSCI EAFE ETF in the 4th quarter worth approximately $29,000. GPS Wealth Strategies Group LLC boosted its stake in iShares Currency Hedged MSCI EAFE ETF by 241.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,127 shares of the company’s stock worth $45,000 after purchasing an additional 797 shares during the period. Bessemer Group Inc. lifted its position in iShares Currency Hedged MSCI EAFE ETF by 39.9% in the 1st quarter. Bessemer Group Inc. now owns 1,186 shares of the company’s stock worth $50,000 after buying an additional 338 shares in the last quarter. Finally, Triumph Capital Management purchased a new stake in iShares Currency Hedged MSCI EAFE ETF in the 3rd quarter worth approximately $49,000.

iShares Currency Hedged MSCI EAFE ETF Company Profile

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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.

Further Reading

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