Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Drops By 17.2%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 31,825 shares, a decrease of 17.2% from the February 12th total of 38,452 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 30,282 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 30,282 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Kelleher Financial Advisors acquired a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the 3rd quarter worth about $26,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter valued at approximately $35,000. WFA of San Diego LLC purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the second quarter valued at approximately $41,000. Farther Finance Advisors LLC lifted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 198.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock valued at $62,000 after buying an additional 941 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter worth approximately $102,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Up 0.9%

Shares of iShares Currency Hedged MSCI Eurozone ETF stock traded up $0.41 during trading on Monday, hitting $44.28. 19,533 shares of the company were exchanged, compared to its average volume of 90,723. 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 firm has a 50 day moving average price of $45.52 and a 200 day moving average price of $43.71. The stock has a market capitalization of $633.20 million, a price-to-earnings ratio of 16.09 and a beta of 0.76.

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.