iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Short Interest Up 144.2% in August

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 55,358 shares, an increase of 144.2% from the August 15th total of 22,668 shares. Based on an average daily trading volume, of 20,612 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.0% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE Small-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Continuum Advisory LLC purchased a new position in iShares Currency Hedged MSCI EAFE Small-Cap ETF in the second quarter valued at about $28,000. First PREMIER Bank increased its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 7.5% in the second quarter. First PREMIER Bank now owns 42,256 shares of the company’s stock worth $1,817,000 after purchasing an additional 2,940 shares during the period. Flow Traders U.S. LLC grew its holdings in 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 buying an additional 29,101 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its position 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 worth $195,000 after acquiring an additional 3,294 shares during the period.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Price Performance

NYSEARCA HSCZ traded up $0.26 on Friday, hitting $43.15. 15,752 shares of the stock were exchanged, compared to its average volume of 24,587. The company has a market capitalization of $242.07 million, a price-to-earnings ratio of 14.36 and a beta of 0.61. The company’s 50-day moving average price is $43.40 and its two-hundred day moving average price is $42.37. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a 52-week low of $37.35 and a 52-week high of $44.42.

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.