iShares Currency Hedged MSCI Germany ETF (NASDAQ:HEWG – Get Rating) benefited from a sharp drop in short interest during the month of April. As of April 30, there was short interest totaling 900 shares, down 40.0% from the April 15 total of 1,500 shares. Based on an average daily volume of 145,500 shares, the day-to-cover ratio is currently 0.0 day.
Shares of the iShares Currency Hedged MSCI Germany ETF rose $0.63 during Friday trading hours, hitting $28.26. 139,094 shares of the company were traded, compared to its average volume of 120,617. iShares Currency Hedged MSCI Germany ETF has a 12-month low of $25.87 and a 12-month high of $34.02 . The company has a fifty-day simple moving average of $28.66 and a 200-day simple moving average of $31.03.
Several institutional investors have recently changed their positions in HEWG. OLD Mission Capital LLC increased its equity stake in iShares Currency Hedged MSCI Germany ETF by 11.1% during Q3. OLD Mission Capital LLC now owns 8,321 shares of the company worth $267,000 after acquiring an additional 831 shares during the period. Bank of New York Mellon Corp increased its equity stake in iShares Currency Hedged MSCI Germany ETF by 30.9% during Q3. Bank of New York Mellon Corp now owns 10,105 shares of the company worth $324,000 after acquiring 2,385 additional shares during the period. Finally, Flow Traders US LLC increased its equity stake in iShares Currency Hedged MSCI Germany ETF by 27.6% during the third quarter. Flow Traders US LLC now owns 143,017 shares of the company worth $4,582,000 after acquiring 30,949 additional shares during the period.
Further reading
Receive daily news and reviews for iShares Currency Hedged MSCI Germany ETF – Enter your email address below to receive a concise daily summary of the latest news and analyst notes for iShares Currency Hedged MSCI Germany ETF and related companies with MarketBeat.com’s FREE daily newsletter.
%20Short%20interest%20down%2040.0%%20in%20April){kind=link}