iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Short Interest Down 29.5% in March

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 22,442 shares, a drop of 29.5% from the February 26th total of 31,825 shares. Based on an average daily trading volume, of 168,810 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

A number of institutional investors and hedge funds have recently modified their holdings of HEZU. Royal Bank of Canada raised its position in shares of 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 purchasing an additional 2,309 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in 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 buying an additional 21,097 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings 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 worth $6,057,000 after buying an additional 32,459 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares Currency Hedged MSCI Eurozone ETF by 21.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 437,715 shares of the company’s stock worth $17,959,000 after buying an additional 78,155 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the second quarter valued at approximately $3,553,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Performance

iShares Currency Hedged MSCI Eurozone ETF stock traded down $0.48 during trading on Friday, reaching $42.28. The company had a trading volume of 18,207 shares, compared to its average volume of 80,212. The firm has a market capitalization of $604.60 million, a PE ratio of 16.09 and a beta of 0.76. The firm’s 50-day simple moving average is $45.11 and its 200 day simple moving average is $43.87. iShares Currency Hedged MSCI Eurozone ETF has a 1-year low of $33.95 and a 1-year high of $48.54.

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.