Short Interest in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Grows By 77.8%

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 9,600 shares, an increase of 77.8% from the August 31st total of 5,400 shares. Based on an average daily trading volume, of 77,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 77,900 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. WFA of San Diego LLC purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the second quarter worth $41,000. Ameriprise Financial Inc. increased 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 buying an additional 420 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the second quarter worth $3,553,000. JPMorgan Chase & Co. boosted its holdings in iShares Currency Hedged MSCI Eurozone ETF by 21.7% in the second quarter. JPMorgan Chase & Co. now owns 437,715 shares of the company’s stock valued at $17,959,000 after acquiring an additional 78,155 shares in the last quarter. Finally, Sierra Capital LLC bought a new stake in iShares Currency Hedged MSCI Eurozone ETF in the second quarter valued at $1,055,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Down 0.2%

Shares of NYSEARCA HEZU opened at $42.92 on Friday. iShares Currency Hedged MSCI Eurozone ETF has a 52 week low of $33.95 and a 52 week high of $43.00. The firm’s fifty day moving average is $41.18 and its 200 day moving average is $40.25. The company has a market cap of $697.45 million, a price-to-earnings ratio of 16.09 and a beta of 0.91.

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.