iShares MSCI Norway ETF (BATS:ENOR) Stock Short Interest Report for September

iShares MSCI Norway ETF (BATS:ENOR) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 73,857 shares, a decline of 60.4% from the September 15th total of 186,283 shares. Approximately 4.6% of the company’s stock are short sold. Based on an average trading volume of 53,747 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC bought a new stake in shares of iShares MSCI Norway ETF during the 1st quarter worth about $32,000. Compass Financial Management LLC acquired a new stake in iShares MSCI Norway ETF during the 2nd quarter worth approximately $43,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares MSCI Norway ETF during the third quarter worth $55,000. Royal Bank of Canada increased its position in iShares MSCI Norway ETF by 79.8% during the first quarter. Royal Bank of Canada now owns 3,605 shares of the company’s stock worth $133,000 after acquiring an additional 1,600 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in shares of iShares MSCI Norway ETF during the 1st quarter worth approximately $124,000.

iShares MSCI Norway ETF Stock Performance

BATS:ENOR opened at $35.89 on Thursday. The stock has a 50-day simple moving average of $36.16 and a 200 day simple moving average of $35.61. iShares MSCI Norway ETF has a 52-week low of $26.70 and a 52-week high of $38.15. The company has a market cap of $57.42 million, a PE ratio of 12.79 and a beta of 1.00.

iShares MSCI Norway ETF Company Profile

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.