Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Drops By 76.7%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 23,600 shares, a drop of 76.7% from the June 15th total of 101,259 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 28,714 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

A number of hedge funds have recently modified their holdings of HEZU. Kelleher Financial Advisors acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the 3rd quarter worth about $26,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter worth $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 boosted 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 purchasing an additional 941 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the 4th quarter worth about $102,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Up 0.2%

Shares of HEZU stock traded up $0.09 during trading hours on Friday, reaching $48.81. 222,965 shares of the stock traded hands, compared to its average volume of 70,167. The firm has a market capitalization of $568.64 million, a PE ratio of 16.09 and a beta of 0.66. iShares Currency Hedged MSCI Eurozone ETF has a 1-year low of $39.39 and a 1-year high of $50.19. The business has a fifty day moving average price of $48.17 and a 200 day moving average price of $46.18.

iShares Currency Hedged MSCI Eurozone ETF Company Profile

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.