iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Short Interest Down 94.5% in April

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 3,667 shares, a drop of 94.5% from the April 15th total of 66,364 shares. Based on an average daily trading volume, of 28,740 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Institutional investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC lifted its position in iShares Currency Hedged MSCI Eurozone ETF by 131.3% during the third quarter. Flow Traders U.S. LLC now owns 200,356 shares of the company’s stock worth $8,448,000 after buying an additional 113,752 shares in the last quarter. Farther Finance Advisors LLC lifted its position in iShares Currency Hedged MSCI Eurozone ETF by 198.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock worth $62,000 after buying an additional 941 shares in the last quarter. WFA of San Diego LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF during the second quarter worth approximately $41,000. Ameriprise Financial Inc. lifted its position in iShares Currency Hedged MSCI Eurozone ETF by 3.4% during the second quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock worth $520,000 after buying an additional 420 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in iShares Currency Hedged MSCI Eurozone ETF by 26.4% during the first 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 in the last quarter.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

iShares Currency Hedged MSCI Eurozone ETF stock traded down $0.41 during trading on Tuesday, reaching $46.13. 17,579 shares of the company were exchanged, compared to its average volume of 85,597. iShares Currency Hedged MSCI Eurozone ETF has a 52-week low of $39.39 and a 52-week high of $48.54. The company has a market capitalization of $585.85 million, a P/E ratio of 16.09 and a beta of 0.67. The stock’s 50 day simple moving average is $44.98 and its two-hundred day simple moving average is $44.58.

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.