Short Interest in iShares MSCI New Zealand ETF (NASDAQ:ENZL) Increases By 89.2%

iShares MSCI New Zealand ETF (NASDAQ:ENZL) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 60,879 shares, a growth of 89.2% from the July 15th total of 32,179 shares. Based on an average daily trading volume, of 141,439 shares, the short-interest ratio is presently 0.4 days. Approximately 3.5% of the company’s stock are short sold.

iShares MSCI New Zealand ETF Stock Performance

Shares of ENZL traded up $0.04 during trading hours on Friday, hitting $47.29. 92,119 shares of the company were exchanged, compared to its average volume of 57,479. The company has a market cap of $82.76 million, a PE ratio of 41.58 and a beta of 0.89. The firm’s 50 day moving average is $45.99 and its 200-day moving average is $45.45. iShares MSCI New Zealand ETF has a 52 week low of $41.69 and a 52 week high of $48.24.

iShares MSCI New Zealand ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.4368 dividend. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares MSCI New Zealand ETF

A number of large investors have recently added to or reduced their stakes in ENZL. Wexford Capital LP acquired a new position in iShares MSCI New Zealand ETF during the third quarter valued at approximately $1,378,000. Susquehanna International Group LLP lifted its stake in shares of iShares MSCI New Zealand ETF by 219.5% in the third quarter. Susquehanna International Group LLP now owns 23,881 shares of the company’s stock worth $1,097,000 after buying an additional 16,407 shares during the last quarter. Marotta Asset Management boosted its holdings in shares of iShares MSCI New Zealand ETF by 4.8% during the 1st quarter. Marotta Asset Management now owns 177,839 shares of the company’s stock worth $7,566,000 after buying an additional 8,114 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in shares of iShares MSCI New Zealand ETF by 9.1% during the 4th quarter. TD Waterhouse Canada Inc. now owns 75,542 shares of the company’s stock worth $3,405,000 after buying an additional 6,299 shares during the period. Finally, AlphaCore Capital LLC acquired a new position in iShares MSCI New Zealand ETF in the 4th quarter valued at $283,000.

iShares MSCI New Zealand ETF Company Profile

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.