Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Increases By 396.9%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 31,079 shares, a growth of 396.9% from the December 31st total of 6,254 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 51,682 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 51,682 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Kelleher Financial Advisors acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at about $26,000. WFA of San Diego LLC acquired a new position in iShares Currency Hedged MSCI Eurozone ETF in the second quarter valued at approximately $41,000. Farther Finance Advisors LLC boosted its stake in iShares Currency Hedged MSCI Eurozone ETF by 198.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock valued at $62,000 after acquiring an additional 941 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter valued at approximately $102,000. Finally, Piscataqua Savings Bank acquired a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the 4th quarter worth approximately $165,000.

iShares Currency Hedged MSCI Eurozone ETF Trading Down 0.0%

Shares of HEZU stock opened at $45.24 on Friday. The firm has a fifty day simple moving average of $44.24 and a 200-day simple moving average of $42.61. The company has a market capitalization of $646.93 million, a PE ratio of 16.09 and a beta of 0.76. iShares Currency Hedged MSCI Eurozone ETF has a twelve month low of $33.95 and a twelve month high of $48.54.

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.