iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Short Interest Up 396.9% in January

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 31,079 shares, an increase of 396.9% from the December 31st total of 6,254 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 51,682 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 51,682 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are sold short.

iShares Currency Hedged MSCI Eurozone ETF Stock Down 0.0%

NYSEARCA:HEZU traded down $0.01 on Thursday, hitting $45.24. The stock had a trading volume of 16,444 shares, compared to its average volume of 104,160. The stock has a market cap of $646.93 million, a price-to-earnings ratio of 16.09 and a beta of 0.76. The company has a fifty day moving average price of $44.24 and a two-hundred day moving average price of $42.61. iShares Currency Hedged MSCI Eurozone ETF has a 1-year low of $33.95 and a 1-year high of $48.54.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kelleher Financial Advisors acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the third quarter worth about $26,000. WFA of San Diego LLC purchased a new stake in iShares Currency Hedged MSCI Eurozone ETF in the second quarter valued at approximately $41,000. Farther Finance Advisors LLC boosted 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 during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter worth about $102,000. Finally, Piscataqua Savings Bank acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the 4th quarter worth approximately $165,000.

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.