Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Expands By 378.5%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 66,364 shares, a growth of 378.5% from the March 31st total of 13,870 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 108,803 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Several institutional investors have recently modified their holdings of the stock. Flow Traders U.S. LLC lifted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 131.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 200,356 shares of the company’s stock valued at $8,448,000 after purchasing an additional 113,752 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 26.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 155,423 shares of the company’s stock valued at $6,057,000 after purchasing an additional 32,459 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 4.7% in the 1st quarter. Royal Bank of Canada now owns 51,645 shares of the company’s stock valued at $2,013,000 after purchasing an additional 2,309 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 1,177.9% in the 1st quarter. Jones Financial Companies Lllp now owns 22,888 shares of the company’s stock valued at $892,000 after purchasing an additional 21,097 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 3.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock valued at $520,000 after purchasing an additional 420 shares during the last quarter.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

NYSEARCA:HEZU opened at $45.98 on Monday. The firm has a market capitalization of $586.25 million, a price-to-earnings ratio of 16.09 and a beta of 0.68. iShares Currency Hedged MSCI Eurozone ETF has a 1 year low of $37.92 and a 1 year high of $48.54. The business has a 50 day simple moving average of $45.06 and a 200-day simple moving average of $44.36.

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.