iShares MSCI Finland ETF (BATS:EFNL) Sees Large Growth in Short Interest

iShares MSCI Finland ETF (BATS:EFNL) was the target of a significant increase in short interest in 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 trading volume of 104,879 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On iShares MSCI Finland ETF

Institutional investors have recently bought and sold shares of the stock. Zacks Investment Management lifted its stake in shares of iShares MSCI Finland ETF by 8.4% in the 4th quarter. Zacks Investment Management now owns 5,751 shares of the company’s stock valued at $275,000 after purchasing an additional 448 shares during the period. Jane Street Group LLC grew its stake in iShares MSCI Finland ETF by 144.4% in the fourth quarter. Jane Street Group LLC now owns 50,000 shares of the company’s stock worth $2,391,000 after purchasing an additional 29,541 shares during the period. Idaho Trust Co raised its holdings in 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 purchasing an additional 1,131 shares in the last quarter. Susquehanna International Group LLP raised its holdings in iShares MSCI Finland ETF by 40.5% in the third quarter. Susquehanna International Group LLP now owns 64,826 shares of the company’s stock worth $2,775,000 after purchasing an additional 18,682 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Finland ETF in the 3rd quarter worth about $247,000.

iShares MSCI Finland ETF Trading Down 0.4%

Shares of BATS EFNL opened at $50.88 on Friday. The firm has a fifty day simple moving average of $54.07 and a two-hundred day simple moving average of $51.92. iShares MSCI Finland ETF has a 12 month low of $40.09 and a 12 month high of $58.30. The firm has a market capitalization of $30.53 million, a PE ratio of 15.40 and a beta of 0.83.

iShares MSCI Finland ETF Company Profile

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.