iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Short Interest Down 20.9% in January

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 27,204 shares, a drop of 20.9% from the December 31st total of 34,396 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 15,854 shares, the short-interest ratio is currently 1.7 days. Based on an average trading volume of 15,854 shares, the short-interest ratio is currently 1.7 days. Approximately 0.6% 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 added to or reduced their stakes in HSCZ. CoreCap Advisors LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF in the 4th quarter worth about $25,000. Creative Financial Designs Inc. ADV increased its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 21,433.3% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,292 shares of the company’s stock valued at $46,000 after purchasing an additional 1,286 shares in the last quarter. Capital Square LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF during the third quarter valued at approximately $214,000. First PREMIER Bank boosted its position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 53.2% in the 3rd quarter. First PREMIER Bank now owns 10,078 shares of the company’s stock worth $379,000 after purchasing an additional 3,498 shares in the last quarter. Finally, Thoroughbred Financial Services LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF in the 3rd quarter worth approximately $384,000.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Stock Performance

Shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF stock traded down $0.23 during midday trading on Friday, reaching $40.40. 12,312 shares of the company’s stock traded hands, compared to its average volume of 16,106. The stock has a 50 day moving average of $39.50 and a 200-day moving average of $38.12. The company has a market cap of $179.78 million, a PE ratio of 14.36 and a beta of 0.65. iShares Currency Hedged MSCI EAFE Small-Cap ETF has a 12 month low of $28.57 and a 12 month high of $40.95.

About iShares Currency Hedged MSCI EAFE Small-Cap ETF

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.