iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Short Interest Down 79.4% in August

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 9,970 shares, a decline of 79.4% from the August 15th total of 48,446 shares. Based on an average daily volume of 56,460 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in 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 acquiring an additional 2,309 shares during the last quarter. Jones Financial Companies Lllp increased its position 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 acquiring an additional 21,097 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 26.4% in the first quarter. Goldman Sachs Group Inc. now owns 155,423 shares of the company’s stock worth $6,057,000 after acquiring an additional 32,459 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares Currency Hedged MSCI Eurozone ETF by 3.4% in the second quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock worth $520,000 after acquiring an additional 420 shares during the last quarter. Finally, WFA of San Diego LLC acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the second quarter worth approximately $41,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Performance

iShares Currency Hedged MSCI Eurozone ETF stock traded up $0.39 on Friday, reaching $48.79. The company’s stock had a trading volume of 467,444 shares, compared to its average volume of 65,432. The company has a market cap of $568.40 million, a price-to-earnings ratio of 16.09 and a beta of 0.66. The business’s fifty day moving average price is $49.30 and its 200 day moving average price is $47.46. iShares Currency Hedged MSCI Eurozone ETF has a twelve month low of $40.83 and a twelve month high of $51.68.

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.