Short Interest in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Drops By 44.6%

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 207,878 shares, a decrease of 44.6% from the April 30th total of 374,953 shares. Based on an average daily volume of 545,592 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

iShares Currency Hedged MSCI EAFE ETF Trading Down 0.1%

iShares Currency Hedged MSCI EAFE ETF stock opened at $45.50 on Tuesday. iShares Currency Hedged MSCI EAFE ETF has a 12 month low of $37.05 and a 12 month high of $45.90. The stock’s 50 day simple moving average is $44.03 and its two-hundred day simple moving average is $43.03. The firm has a market cap of $7.67 billion, a PE ratio of 15.74 and a beta of 0.67.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

Hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its position in iShares Currency Hedged MSCI EAFE ETF by 34.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 208,246 shares of the company’s stock worth $8,215,000 after purchasing an additional 52,964 shares in the last quarter. BOKF NA raised its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 2.7% during the 4th quarter. BOKF NA now owns 440,088 shares of the company’s stock worth $18,202,000 after buying an additional 11,505 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 1,953.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 19,592 shares of the company’s stock worth $776,000 after buying an additional 18,638 shares during the period. Hirtle Callaghan & Co LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the 4th quarter worth approximately $1,001,000. Finally, Osprey Private Wealth LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the 4th quarter worth approximately $1,433,000.

About iShares Currency Hedged MSCI EAFE ETF

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.