iShares MSCI Norway ETF (BATS:ENOR) Shares Shorted: Short Interest Up 243.8% in October

iShares MSCI Norway ETF (BATS:ENOR) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 253,955 shares, a growth of 243.8% from the September 30th total of 73,857 shares. Approximately 15.9% of the shares of the company are short sold. Based on an average daily volume of 270,158 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On iShares MSCI Norway ETF

A number of hedge funds have recently made changes to their positions in ENOR. BFI Infinity Ltd. acquired a new position in iShares MSCI Norway ETF in the third quarter worth about $597,000. Farther Finance Advisors LLC bought a new position in iShares MSCI Norway ETF during the third quarter worth about $55,000. Fig Financial Advisory Services Inc. ADV acquired a new stake in iShares MSCI Norway ETF during the third quarter valued at approximately $2,558,000. Compass Financial Management LLC acquired a new stake in iShares MSCI Norway ETF during the second quarter valued at approximately $43,000. Finally, Sunbelt Securities Inc. acquired a new stake in iShares MSCI Norway ETF during the first quarter valued at approximately $124,000.

iShares MSCI Norway ETF Trading Up 1.3%

Shares of BATS ENOR opened at $37.58 on Thursday. The firm has a market capitalization of $60.13 million, a price-to-earnings ratio of 12.79 and a beta of 1.00. iShares MSCI Norway ETF has a one year low of $26.70 and a one year high of $38.15. The business has a fifty day simple moving average of $36.36 and a 200 day simple moving average of $34.99.

About iShares MSCI Norway ETF

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.