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

by · The Cerbat Gem

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX – Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 37,164 shares, an increase of 184.6% from the January 15th total of 13,060 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 36,551 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 36,551 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.5% of the shares of the stock are sold short.

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

HAWX traded down $0.54 during midday trading on Thursday, hitting $42.30. The stock had a trading volume of 3,162 shares, compared to its average volume of 33,373. The company has a market cap of $323.18 million, a P/E ratio of 15.74 and a beta of 0.53. iShares Currency Hedged MSCI ACWI ex U.S. ETF has a 1 year low of $29.41 and a 1 year high of $42.87. The business has a fifty day moving average of $40.59 and a 200 day moving average of $38.74.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Nova Wealth Management Inc. raised its position in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 559.1% in the 4th quarter. Nova Wealth Management Inc. now owns 13,992 shares of the company’s stock worth $552,000 after purchasing an additional 11,869 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 31.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,945 shares of the company’s stock valued at $74,000 after acquiring an additional 460 shares during the period. Partners Capital Investment Group LLP lifted its holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 6.1% during the third quarter. Partners Capital Investment Group LLP now owns 421,211 shares of the company’s stock valued at $15,928,000 after purchasing an additional 24,155 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 15.2% in the second quarter. NewEdge Advisors LLC now owns 217,635 shares of the company’s stock worth $7,693,000 after purchasing an additional 28,659 shares during the period. Finally, Flow Traders U.S. LLC increased its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 225.0% in the second quarter. Flow Traders U.S. LLC now owns 65,146 shares of the company’s stock worth $2,303,000 after purchasing an additional 45,103 shares in the last quarter.

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

(Get Free Report)

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.

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