iShares MSCI Eurozone ETF (BATS:EZU) Sees Significant Drop in Short Interest

iShares MSCI Eurozone ETF (BATS:EZU) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,238,027 shares, a decrease of 41.5% from the September 15th total of 2,117,350 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 961,991 shares, the short-interest ratio is currently 1.3 days.

iShares MSCI Eurozone ETF Price Performance

EZU opened at $66.02 on Friday. The firm has a market capitalization of $9.01 billion, a price-to-earnings ratio of 16.35 and a beta of 1.01. The company’s 50 day simple moving average is $69.18 and its two-hundred day simple moving average is $68.24. iShares MSCI Eurozone ETF has a 1-year low of $59.92 and a 1-year high of $72.19.

Hedge Funds Weigh In On iShares MSCI Eurozone ETF

A number of institutional investors have recently added to or reduced their stakes in EZU. Apollon Wealth Management LLC grew its holdings in iShares MSCI Eurozone ETF by 4.0% in the 1st quarter. Apollon Wealth Management LLC now owns 4,919 shares of the company’s stock valued at $308,000 after buying an additional 187 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of iShares MSCI Eurozone ETF by 3.9% in the 1st quarter. Lazard Asset Management LLC now owns 5,257 shares of the company’s stock worth $329,000 after acquiring an additional 195 shares during the last quarter. Waverly Advisors LLC increased its stake in shares of iShares MSCI Eurozone ETF by 3.9% in the 1st quarter. Waverly Advisors LLC now owns 8,264 shares of the company’s stock worth $518,000 after acquiring an additional 307 shares during the last quarter. Assetmark Inc. raised its holdings in shares of iShares MSCI Eurozone ETF by 31.4% during the 1st quarter. Assetmark Inc. now owns 1,331 shares of the company’s stock worth $83,000 after acquiring an additional 318 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of iShares MSCI Eurozone ETF by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 91,252 shares of the company’s stock worth $5,849,000 after acquiring an additional 333 shares during the period.

iShares MSCI Eurozone ETF Company Profile

iShares MSCI EMU ETF, formerly iShares MSCI EMU Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the European Monetary Union (EMU) markets, as measured by the MSCI EMU Index (the Index). The Index seeks to measure the performance of the equity markets of the EMU member countries: those members of the European Union who have adopted the Euro as its currency.