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

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 66,754 shares, a growth of 96.8% from the July 15th total of 33,927 shares. Based on an average daily volume of 53,598 shares, the short-interest ratio is presently 1.2 days. Currently, 1.2% of the shares of the stock are sold short.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Stock Down 0.5%

NYSEARCA:HSCZ opened at $44.04 on Tuesday. The firm has a market cap of $247.06 million, a PE ratio of 14.36 and a beta of 0.61. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a 12 month low of $36.58 and a 12 month high of $44.42. The company’s 50-day moving average price is $43.15 and its two-hundred day moving average price is $42.05.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Flow Traders U.S. LLC increased its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 116.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 54,023 shares of the company’s stock valued at $2,032,000 after acquiring an additional 29,101 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock valued at $195,000 after purchasing an additional 3,294 shares during the period. Finally, First PREMIER Bank grew its holdings in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 28.9% during the first quarter. First PREMIER Bank now owns 39,316 shares of the company’s stock valued at $1,560,000 after purchasing an additional 8,825 shares during the period.

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.