iShares MSCI New Zealand ETF (NASDAQ:ENZL) Short Interest Update

iShares MSCI New Zealand ETF (NASDAQ:ENZL) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 13,000 shares, an increase of 100.0% from the October 31st total of 6,500 shares. Based on an average daily volume of 21,400 shares, the short-interest ratio is presently 0.6 days.

iShares MSCI New Zealand ETF Stock Performance

Shares of NASDAQ ENZL traded down $0.16 during trading on Friday, hitting $48.81. 4,190 shares of the company traded hands, compared to its average volume of 12,930. The firm has a market capitalization of $95.18 million, a price-to-earnings ratio of 17.63 and a beta of 0.86. The business’s fifty day moving average is $48.31 and its 200 day moving average is $47.33. iShares MSCI New Zealand ETF has a fifty-two week low of $43.86 and a fifty-two week high of $50.41.

Institutional Trading of iShares MSCI New Zealand ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC raised its holdings in iShares MSCI New Zealand ETF by 6.2% during the second quarter. Dynamic Advisor Solutions LLC now owns 4,694 shares of the company’s stock worth $213,000 after buying an additional 275 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of iShares MSCI New Zealand ETF by 26.7% in the 3rd quarter. Blue Trust Inc. now owns 1,408 shares of the company’s stock worth $64,000 after acquiring an additional 297 shares during the last quarter. Syntrinsic LLC bought a new position in iShares MSCI New Zealand ETF in the 2nd quarter valued at about $48,000. L.M. Kohn & Company bought a new position in iShares MSCI New Zealand ETF in the 3rd quarter valued at about $271,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI New Zealand ETF during the 3rd quarter valued at about $400,000.

About iShares MSCI New Zealand ETF

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.