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

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a large decline in short interest in the month of 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. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 28,740 shares, the short-interest ratio is presently 0.1 days.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

NYSEARCA HEZU traded down $0.16 on Monday, hitting $46.54. 24,469 shares of the company were exchanged, compared to its average volume of 86,366. The company’s 50 day moving average price is $44.98 and its 200-day moving average price is $44.58. The firm has a market capitalization of $591.06 million, a P/E ratio of 16.09 and a beta of 0.67. iShares Currency Hedged MSCI Eurozone ETF has a twelve month low of $39.39 and a twelve month high of $48.54.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 131.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 200,356 shares of the company’s stock worth $8,448,000 after buying an additional 113,752 shares during the period. Goldman Sachs Group Inc. raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 26.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 155,423 shares of the company’s stock worth $6,057,000 after buying an additional 32,459 shares during the period. Royal Bank of Canada raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 4.7% during the 1st quarter. Royal Bank of Canada now owns 51,645 shares of the company’s stock worth $2,013,000 after buying an additional 2,309 shares during the period. Jones Financial Companies Lllp raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 1,177.9% during the 1st quarter. Jones Financial Companies Lllp now owns 22,888 shares of the company’s stock worth $892,000 after buying an additional 21,097 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 3.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock worth $520,000 after buying an additional 420 shares during the period.

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.