Short Interest in iShares MSCI Finland ETF (BATS:EFNL) Increases By 1,897.7%

iShares MSCI Finland ETF (BATS:EFNL) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 130,107 shares, an increase of 1,897.7% from the May 14th total of 6,513 shares. Based on an average daily trading volume, of 8,141 shares, the short-interest ratio is currently 16.0 days. Approximately 21.7% of the company’s stock are sold short.

iShares MSCI Finland ETF Stock Performance

BATS EFNL traded down $0.67 during trading on Tuesday, reaching $54.75. 9,737 shares of the company’s stock were exchanged, compared to its average volume of 30,826. The company has a 50 day moving average price of $54.11 and a two-hundred day moving average price of $50.48. The stock has a market cap of $32.85 million, a P/E ratio of 15.40 and a beta of 0.83. iShares MSCI Finland ETF has a 1 year low of $34.96 and a 1 year high of $58.30.

Institutional Investors Weigh In On iShares MSCI Finland ETF

Institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Finland ETF in the first quarter valued at approximately $25,000. Raymond James Financial Inc. acquired a new stake in iShares MSCI Finland ETF during the second quarter worth approximately $31,000. Zacks Investment Management acquired a new stake in iShares MSCI Finland ETF during the third quarter worth approximately $227,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Finland ETF during the 3rd quarter worth approximately $247,000. Finally, Idaho Trust Co lifted its position in shares of iShares MSCI Finland ETF by 21.0% during the 4th 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 last quarter.

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.