iShares MSCI Finland ETF (BATS:EFNL) Short Interest Up 291.8% in July

iShares MSCI Finland ETF (BATS:EFNL) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 25,707 shares, an increase of 291.8% from the June 30th total of 6,561 shares. Approximately 4.3% of the company’s shares are sold short. Based on an average daily trading volume, of 104,879 shares, the short-interest ratio is presently 0.2 days.

iShares MSCI Finland ETF Price Performance

Shares of EFNL opened at $50.88 on Monday. iShares MSCI Finland ETF has a one year low of $40.09 and a one year high of $58.30. The company has a 50-day moving average of $54.07 and a two-hundred day moving average of $51.94. The stock has a market cap of $30.53 million, a price-to-earnings ratio of 15.40 and a beta of 0.83.

Institutional Investors Weigh In On iShares MSCI Finland ETF

Hedge funds have recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Finland ETF during the 1st quarter worth approximately $25,000. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Finland ETF in the second quarter valued at $31,000. Zacks Investment Management purchased a new stake in shares of iShares MSCI Finland ETF in the third quarter valued at $227,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Finland ETF in the third quarter worth $247,000. Finally, Idaho Trust Co boosted its position in shares of iShares MSCI Finland ETF by 21.0% in the fourth quarter. Idaho Trust Co now owns 6,518 shares of the company’s stock worth $312,000 after buying an additional 1,131 shares during the period.

About iShares MSCI Finland ETF

The iShares MSCI Finland ETF (EFNL) is an exchange-traded fund that is based on the MSCI Finland IMI 25\u002F50 index, a market-cap-weighted index of Finnish all-cap stocks. EFNL was launched on Jan 25, 2012 and is managed by BlackRock.