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

by · The Cerbat Gem

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 207,878 shares, a decline of 44.6% from the April 30th total of 374,953 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 545,592 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

A number of large investors have recently added to or reduced their stakes in HEFA. Ameriprise Financial Inc. raised its holdings in iShares Currency Hedged MSCI EAFE ETF by 14.7% in the second quarter. Ameriprise Financial Inc. now owns 6,618,320 shares of the company’s stock worth $251,244,000 after purchasing an additional 848,415 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in iShares Currency Hedged MSCI EAFE ETF by 304.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 79,142 shares of the company’s stock worth $3,273,000 after purchasing an additional 59,550 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Currency Hedged MSCI EAFE ETF by 34.1% in the third 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. Crescent Grove Advisors LLC grew its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 28.5% during the fourth quarter. Crescent Grove Advisors LLC now owns 202,951 shares of the company’s stock worth $8,394,000 after acquiring an additional 45,035 shares during the last quarter. Finally, Osprey Private Wealth LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter worth about $1,433,000.

iShares Currency Hedged MSCI EAFE ETF Price Performance

HEFA stock opened at $45.50 on Tuesday. The business has a 50-day moving average price of $44.03 and a 200 day moving average price of $43.03. The company has a market capitalization of $7.67 billion, a P/E ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a 1-year low of $37.05 and a 1-year high of $45.90.

About iShares Currency Hedged MSCI EAFE ETF

(Get Free Report)

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.

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