iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Sees Significant Decline in Short Interest

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 41,623 shares, a decrease of 58.0% from the May 31st total of 99,077 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 19,955 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE Small-Cap ETF

Institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC bought a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF during the 4th quarter worth approximately $25,000. Creative Financial Designs Inc. ADV grew its holdings in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock valued at $195,000 after acquiring an additional 3,294 shares in the last quarter. Capital Square LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF during the third quarter valued at approximately $214,000. IFP Advisors Inc increased its position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 25.0% during the third quarter. IFP Advisors Inc now owns 18,726 shares of the company’s stock valued at $705,000 after acquiring an additional 3,750 shares during the last quarter. Finally, First PREMIER Bank lifted its holdings in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 202.6% during the fourth quarter. First PREMIER Bank now owns 30,491 shares of the company’s stock worth $1,186,000 after acquiring an additional 20,413 shares during the period.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Stock Performance

HSCZ traded up $0.60 during mid-day trading on Wednesday, reaching $43.58. 35,691 shares of the stock were exchanged, compared to its average volume of 23,054. The stock has a market capitalization of $218.34 million, a PE ratio of 14.36 and a beta of 0.61. The company has a 50 day moving average price of $42.68 and a two-hundred day moving average price of $41.22. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a 1 year low of $34.90 and a 1 year high of $43.87.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Company Profile

The iShares Currency Hedged MSCI EAFE Small-Cap ETF (HSCZ) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of small-cap stocks from developed markets outside the US and Canada, hedged against movements in the underlying currencies for US investors. HSCZ was launched on Jul 1, 2015 and is managed by BlackRock.