Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Drops By 35.1%
by Michael Walen · The Markets DailyiShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU – Get Free Report) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 6,254 shares, a decline of 35.1% from the December 15th total of 9,642 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 14,415 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 14,415 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.
iShares Currency Hedged MSCI Eurozone ETF Trading Up 0.2%
Shares of NYSEARCA:HEZU traded up $0.09 during trading on Friday, reaching $45.74. 657,719 shares of the company traded hands, compared to its average volume of 106,720. iShares Currency Hedged MSCI Eurozone ETF has a 52-week low of $33.95 and a 52-week high of $45.84. The firm has a market capitalization of $649.51 million, a price-to-earnings ratio of 16.09 and a beta of 0.76. The business’s fifty day moving average is $43.84 and its 200-day moving average is $42.32.
Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF
Several institutional investors have recently added to or reduced their stakes in HEZU. Kelleher Financial Advisors purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the third quarter valued at about $26,000. WFA of San Diego LLC bought a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the second quarter worth about $41,000. Piscataqua Savings Bank purchased a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the 4th quarter worth about $165,000. Jones Financial Companies Lllp boosted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 14.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,750 shares of the company’s stock valued at $199,000 after purchasing an additional 615 shares in the last quarter. Finally, Strategic Blueprint LLC boosted its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 21.2% during the 2nd quarter. Strategic Blueprint LLC now owns 6,614 shares of the company’s stock valued at $271,000 after purchasing an additional 1,159 shares in the last quarter.
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.