iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Short Interest Down 28.2% in December

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 9,642 shares, a decrease of 28.2% from the November 30th total of 13,427 shares. Based on an average daily volume of 80,922 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 80,922 shares, the days-to-cover ratio is presently 0.1 days.

iShares Currency Hedged MSCI Eurozone ETF Stock Down 0.7%

Shares of NYSEARCA HEZU traded down $0.29 during trading hours on Wednesday, reaching $43.76. 10,325 shares of the stock traded hands, compared to its average volume of 101,906. The company’s 50-day simple moving average is $43.32 and its two-hundred day simple moving average is $41.94. The company has a market capitalization of $700.16 million, a P/E ratio of 16.09 and a beta of 0.76. iShares Currency Hedged MSCI Eurozone ETF has a 52-week low of $33.95 and a 52-week high of $44.61.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

A number of hedge funds have recently made changes to their positions in HEZU. Kelleher Financial Advisors bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the 3rd quarter valued at $26,000. WFA of San Diego LLC purchased a new stake in iShares Currency Hedged MSCI Eurozone ETF during the second quarter valued at about $41,000. Jones Financial Companies Lllp boosted its position in iShares Currency Hedged MSCI Eurozone ETF by 14.9% during the third 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 during the period. Strategic Blueprint LLC grew its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 21.2% during the second quarter. Strategic Blueprint LLC now owns 6,614 shares of the company’s stock valued at $271,000 after buying an additional 1,159 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the third quarter worth about $279,000.

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.