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

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

iShares Currency Hedged MSCI Eurozone ETF Stock Down 1.1%

HEZU traded down $0.48 on Friday, reaching $42.28. The company’s stock had a trading volume of 18,207 shares, compared to its average volume of 80,212. The company has a market capitalization of $604.60 million, a price-to-earnings ratio of 16.09 and a beta of 0.76. iShares Currency Hedged MSCI Eurozone ETF has a fifty-two week low of $33.95 and a fifty-two week high of $48.54. The stock has a 50 day moving average of $45.11 and a two-hundred day moving average of $43.85.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of HEZU. IFC & Insurance Marketing Inc. acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the 4th quarter worth $35,000. Farther Finance Advisors LLC boosted its stake in iShares Currency Hedged MSCI Eurozone ETF by 198.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock valued at $62,000 after acquiring an additional 941 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter valued at $102,000. Piscataqua Savings Bank purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter worth about $165,000. Finally, Flow Traders U.S. LLC grew its holdings in shares of iShares Currency Hedged MSCI Eurozone ETF by 131.3% during the third quarter. Flow Traders U.S. LLC now owns 200,356 shares of the company’s stock worth $8,448,000 after purchasing an additional 113,752 shares during the last quarter.

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.