iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Significant Drop in Short Interest

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 3,667 shares, a decline of 94.5% from the April 15th total of 66,364 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 28,740 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Large investors have recently made changes to their positions in the company. Flow Traders U.S. LLC grew 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 buying an additional 113,752 shares in the last quarter. Olde Wealth Management LLC bought a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at approximately $311,000. Jones Financial Companies Lllp grew its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 14.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,750 shares of the company’s stock valued at $199,000 after buying an additional 615 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at approximately $279,000. Finally, Goldman Sachs Group Inc. grew 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 buying an additional 32,459 shares in the last quarter.

iShares Currency Hedged MSCI Eurozone ETF Stock Performance

Shares of NYSEARCA HEZU traded down $0.16 during trading hours on Monday, hitting $46.54. The stock had a trading volume of 24,469 shares, compared to its average volume of 86,366. The company has a market capitalization of $591.06 million, a P/E ratio of 16.09 and a beta of 0.67. The firm’s 50-day moving average price is $44.98 and its two-hundred day moving average price is $44.58. iShares Currency Hedged MSCI Eurozone ETF has a 52 week low of $39.39 and a 52 week high of $48.54.

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.