Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Expands By 378.5%
by Renee Jackson · The Cerbat GemiShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU – Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 66,364 shares, an increase of 378.5% from the March 31st total of 13,870 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 108,803 shares, the short-interest ratio is currently 0.6 days.
iShares Currency Hedged MSCI Eurozone ETF Trading Up 0.6%
Shares of HEZU stock traded up $0.26 during trading on Friday, hitting $45.98. The company’s stock had a trading volume of 9,420 shares, compared to its average volume of 78,491. The company has a market cap of $586.25 million, a PE ratio of 16.09 and a beta of 0.68. The business has a fifty day moving average of $45.06 and a 200-day moving average of $44.36. iShares Currency Hedged MSCI Eurozone ETF has a 52 week low of $37.92 and a 52 week high of $48.54.
Hedge Funds Weigh In On iShares Currency Hedged MSCI Eurozone ETF
Institutional investors have recently modified their holdings of the business. Kelleher Financial Advisors bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the third quarter valued at approximately $26,000. IFC & Insurance Marketing Inc. bought 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 bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the second quarter valued at approximately $41,000. Farther Finance Advisors LLC lifted 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 purchasing an additional 941 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter valued at approximately $102,000.
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.