iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Short Interest Down 17.2% in February

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 31,825 shares, a decrease of 17.2% from the February 12th total of 38,452 shares. Based on an average daily trading volume, of 30,282 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 30,282 shares, the days-to-cover ratio is currently 1.1 days.

iShares Currency Hedged MSCI Eurozone ETF Trading Up 0.2%

NYSEARCA HEZU traded up $0.11 on Tuesday, hitting $44.39. 9,239 shares of the company’s stock traded hands, compared to its average volume of 89,108. iShares Currency Hedged MSCI Eurozone ETF has a 1-year low of $33.95 and a 1-year high of $48.54. The firm’s 50-day moving average price is $45.52 and its two-hundred day moving average price is $43.71. The firm has a market capitalization of $634.78 million, a PE ratio of 16.09 and a beta of 0.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kelleher Financial Advisors purchased a new stake in iShares Currency Hedged MSCI Eurozone ETF in the third quarter valued at $26,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the 4th quarter valued at about $35,000. WFA of San Diego LLC acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the 2nd quarter valued at about $41,000. Farther Finance Advisors LLC lifted its holdings in shares of iShares Currency Hedged MSCI Eurozone ETF by 198.1% in the 4th 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 purchased a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter worth about $102,000.

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.