iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Large Decrease in Short Interest

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 13,870 shares, a drop of 38.2% from the March 15th total of 22,442 shares. Based on an average daily volume of 21,282 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kelleher Financial Advisors acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the third quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter valued at $35,000. WFA of San Diego LLC acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the second quarter valued at $41,000. Farther Finance Advisors LLC grew its position in iShares Currency Hedged MSCI Eurozone ETF by 198.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock valued at $62,000 after buying an additional 941 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter valued at $102,000.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

Shares of iShares Currency Hedged MSCI Eurozone ETF stock opened at $45.93 on Monday. The firm has a fifty day moving average price of $44.97 and a 200 day moving average price of $44.09. iShares Currency Hedged MSCI Eurozone ETF has a 1 year low of $35.05 and a 1 year high of $48.54. The stock has a market cap of $594.79 million, a PE ratio of 16.09 and a beta of 0.68.

About iShares Currency Hedged MSCI Eurozone ETF

The iShares Currency Hedged MSCI Eurozone ETF (HEZU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a cap-weighted index of large- and mid-cap securities from the eurozone, while hedging out its exposure to the euro currency relative to the US dollar. HEZU was launched on Jul 10, 2014 and is managed by BlackRock.