iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Short Interest Down 82.5% in July

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 4,131 shares, a decrease of 82.5% from the June 30th total of 23,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 36,809 shares, the days-to-cover ratio is presently 0.1 days.

iShares Currency Hedged MSCI Eurozone ETF Stock Up 0.4%

iShares Currency Hedged MSCI Eurozone ETF stock traded up $0.18 during mid-day trading on Friday, reaching $48.47. The company had a trading volume of 22,761 shares, compared to its average volume of 66,374. The firm has a market cap of $564.68 million, a price-to-earnings ratio of 16.09 and a beta of 0.66. The company has a 50 day moving average of $48.58 and a 200-day moving average of $46.48. iShares Currency Hedged MSCI Eurozone ETF has a 52 week low of $39.39 and a 52 week high of $50.19.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew 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. Royal Bank of Canada raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 4.7% in the 1st quarter. Royal Bank of Canada now owns 51,645 shares of the company’s stock valued at $2,013,000 after acquiring an additional 2,309 shares in the last quarter. Jones Financial Companies Lllp raised its holdings 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. Ameriprise Financial Inc. raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 3.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock valued at $520,000 after acquiring an additional 420 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter worth approximately $279,000.

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.