Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Declines By 29.5%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 22,442 shares, a decrease of 29.5% from the February 26th total of 31,825 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 168,810 shares, the short-interest ratio is presently 0.1 days.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

Shares of NYSEARCA HEZU traded down $0.48 during midday trading on Friday, hitting $42.28. The company’s stock had a trading volume of 18,207 shares, compared to its average volume of 80,212. The firm has a market capitalization of $604.60 million, a price-to-earnings ratio of 16.09 and a beta of 0.76. The business’s fifty day simple moving average is $45.11 and its two-hundred day simple moving average is $43.85. iShares Currency Hedged MSCI Eurozone ETF has a 1 year low of $33.95 and a 1 year high of $48.54.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Several institutional investors have recently modified their holdings of HEZU. Kelleher Financial Advisors purchased a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the third quarter worth $26,000. IFC & Insurance Marketing Inc. purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter valued at $35,000. WFA of San Diego LLC acquired a new position in iShares Currency Hedged MSCI Eurozone ETF during the 2nd quarter worth $41,000. Farther Finance Advisors LLC grew its stake in iShares Currency Hedged MSCI Eurozone ETF by 198.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock worth $62,000 after purchasing an additional 941 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in iShares Currency Hedged MSCI Eurozone ETF during the 4th 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.