Short Interest in iShares MSCI New Zealand ETF (NASDAQ:ENZL) Grows By 188.9%

iShares MSCI New Zealand ETF (NASDAQ:ENZL) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 31,200 shares, a growth of 188.9% from the August 31st total of 10,800 shares. Based on an average trading volume of 5,700 shares, the short-interest ratio is presently 5.5 days. Based on an average trading volume of 5,700 shares, the short-interest ratio is presently 5.5 days.

Institutional Trading of iShares MSCI New Zealand ETF

A number of institutional investors have recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of iShares MSCI New Zealand ETF by 100.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the company’s stock valued at $46,000 after buying an additional 500 shares in the last quarter. Abound Financial LLC bought a new position in iShares MSCI New Zealand ETF during the 1st quarter worth $49,000. Dynamic Advisor Solutions LLC lifted its stake in iShares MSCI New Zealand ETF by 10.1% during the first quarter. Dynamic Advisor Solutions LLC now owns 5,784 shares of the company’s stock worth $243,000 after purchasing an additional 530 shares during the last quarter. Jane Street Group LLC lifted its stake in iShares MSCI New Zealand ETF by 11.7% during the first quarter. Jane Street Group LLC now owns 42,860 shares of the company’s stock worth $1,804,000 after purchasing an additional 4,491 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in iShares MSCI New Zealand ETF by 17.1% during the second quarter. TD Waterhouse Canada Inc. now owns 62,793 shares of the company’s stock worth $2,882,000 after purchasing an additional 9,177 shares during the last quarter.

iShares MSCI New Zealand ETF Stock Up 1.1%

Shares of ENZL stock opened at $47.19 on Friday. The firm has a fifty day moving average of $45.83 and a 200-day moving average of $44.81. iShares MSCI New Zealand ETF has a 12-month low of $38.93 and a 12-month high of $49.44. The firm has a market capitalization of $73.14 million, a price-to-earnings ratio of 41.58 and a beta of 0.86.

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.