Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Increases By 105.8%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 85,142 shares, a growth of 105.8% from the May 14th total of 41,371 shares. Based on an average daily trading volume, of 28,586 shares, the short-interest ratio is presently 3.0 days. Approximately 0.7% of the shares of the stock are short sold.

iShares Currency Hedged MSCI Eurozone ETF Stock Up 0.0%

Shares of HEZU stock traded up $0.01 on Friday, reaching $49.06. The company’s stock had a trading volume of 9,861 shares, compared to its average volume of 75,711. iShares Currency Hedged MSCI Eurozone ETF has a 12-month low of $39.39 and a 12-month high of $49.14. The company has a market capitalization of $623.06 million, a P/E ratio of 16.09 and a beta of 0.67. The stock’s 50 day simple moving average is $46.70 and its 200-day simple moving average is $45.34.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

A number of institutional investors and hedge funds have recently made changes to their positions in HEZU. Royal Bank of Canada raised its position in shares of iShares Currency Hedged MSCI Eurozone ETF by 4.7% in the first 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 in the last quarter. Jones Financial Companies Lllp raised its position in shares of iShares Currency Hedged MSCI Eurozone ETF by 1,177.9% in the first 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 in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Currency Hedged MSCI Eurozone ETF by 26.4% in the first 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 in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares Currency Hedged MSCI Eurozone ETF by 3.4% in the second quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock worth $520,000 after buying an additional 420 shares in the last quarter. Finally, 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.

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.