Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Rises By 1,028.2%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 41,371 shares, an increase of 1,028.2% from the April 30th total of 3,667 shares. Based on an average daily trading volume, of 146,822 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HEZU. Flow Traders U.S. LLC boosted its position in 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 during the period. Goldman Sachs Group Inc. boosted its position in 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 during the period. Jones Financial Companies Lllp raised its holdings in shares of iShares Currency Hedged MSCI Eurozone ETF by 1,177.9% in the 1st quarter. Jones Financial Companies Lllp now owns 22,888 shares of the company’s stock valued at $892,000 after purchasing an additional 21,097 shares in the last quarter. Olde Wealth Management LLC acquired a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at $311,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at $279,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Down 0.2%

Shares of iShares Currency Hedged MSCI Eurozone ETF stock traded down $0.09 during mid-day trading on Friday, hitting $47.83. The stock had a trading volume of 19,400 shares, compared to its average volume of 78,880. The firm has a 50-day moving average of $45.67 and a two-hundred day moving average of $44.97. iShares Currency Hedged MSCI Eurozone ETF has a 12-month low of $39.39 and a 12-month high of $48.54. The firm has a market cap of $607.44 million, a P/E ratio of 16.09 and a beta of 0.67.

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.