iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Shares Shorted: Short Interest Up 218.3% in September

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 23,049 shares, an increase of 218.3% from the September 15th total of 7,242 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 121,170 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

A hedge fund recently bought a new position in iShares Currency Hedged MSCI Eurozone ETF stock. Farther Finance Advisors LLC bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 865 shares of the company’s stock, valued at approximately $42,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Performance

iShares Currency Hedged MSCI Eurozone ETF stock traded up $0.08 during midday trading on Tuesday, reaching $48.03. The stock had a trading volume of 32,054 shares, compared to its average volume of 81,973. The stock has a market capitalization of $564.35 million, a P/E ratio of 16.09 and a beta of 0.66. The firm’s fifty day simple moving average is $49.22 and its 200-day simple moving average is $48.03. iShares Currency Hedged MSCI Eurozone ETF has a 1-year low of $41.68 and a 1-year high of $51.68.

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.