iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Sees Significant Drop in Short Interest

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 12,090 shares, a drop of 40.2% from the July 15th total of 20,227 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 19,910 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Currency Hedged MSCI ACWI ex U.S. ETF stock. Sunbelt Securities Inc. raised its stake in iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) by 31.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,945 shares of the company’s stock after purchasing an additional 460 shares during the period. Sunbelt Securities Inc.’s holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF were worth $74,000 as of its most recent SEC filing.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Stock Performance

Shares of HAWX stock traded up $0.04 on Wednesday, hitting $45.77. The stock had a trading volume of 6,184 shares, compared to its average volume of 25,859. The firm has a market capitalization of $352.43 million, a price-to-earnings ratio of 15.74 and a beta of 0.51. The stock’s 50 day moving average is $45.65 and its 200-day moving average is $43.83. iShares Currency Hedged MSCI ACWI ex U.S. ETF has a 52-week low of $36.12 and a 52-week high of $47.43.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Company Profile

The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of global large- and mid-cap stocks outside the US, hedged against movements in the underlying currencies for US investors. HAWX was launched on Jun 29, 2015 and is managed by BlackRock.