iShares MSCI New Zealand ETF (NASDAQ:ENZL) Short Interest Update

iShares MSCI New Zealand ETF (NASDAQ:ENZL) was the target 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 days-to-cover ratio is presently 5.5 days. Based on an average trading volume of 5,700 shares, the days-to-cover ratio is presently 5.5 days.

iShares MSCI New Zealand ETF Price Performance

Shares of ENZL stock opened at $47.19 on Friday. The company’s fifty day simple moving average is $45.83 and its two-hundred day simple moving average is $44.81. iShares MSCI New Zealand ETF has a 1 year low of $38.93 and a 1 year high of $49.44. The stock has a market capitalization of $73.14 million, a price-to-earnings ratio of 41.58 and a beta of 0.86.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ENZL. Everett Harris & Co. CA bought a new stake in shares of iShares MSCI New Zealand ETF during the 1st quarter worth $42,080,000. TD Waterhouse Canada Inc. grew its holdings in shares of iShares MSCI New Zealand ETF by 17.1% in 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. Jane Street Group LLC grew its holdings in shares of iShares MSCI New Zealand ETF by 11.7% in 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. Abound Financial LLC bought a new position in shares of iShares MSCI New Zealand ETF in the first quarter worth approximately $49,000. Finally, Dynamic Advisor Solutions LLC grew its holdings in shares of iShares MSCI New Zealand ETF by 10.1% in 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.

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.