Short Interest in iShares MSCI New Zealand ETF (NASDAQ:ENZL) Expands By 89.4%

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 30th, there was short interest totalling 17,800 shares, a growth of 89.4% from the September 15th total of 9,400 shares. Based on an average daily trading volume, of 17,500 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On iShares MSCI New Zealand ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Syntrinsic LLC bought a new position in iShares MSCI New Zealand ETF in the 2nd quarter worth $48,000. AMG National Trust Bank bought a new position in iShares MSCI New Zealand ETF in the 2nd quarter worth $1,445,000. &PARTNERS bought a new position in iShares MSCI New Zealand ETF in the 2nd quarter worth $878,000. Dynamic Advisor Solutions LLC raised its holdings in iShares MSCI New Zealand ETF by 6.2% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,694 shares of the company’s stock worth $213,000 after purchasing an additional 275 shares during the period. Finally, Jane Street Group LLC raised its holdings in iShares MSCI New Zealand ETF by 793.3% in the 1st quarter. Jane Street Group LLC now owns 161,797 shares of the company’s stock worth $7,360,000 after purchasing an additional 143,685 shares during the period.

iShares MSCI New Zealand ETF Price Performance

NASDAQ ENZL opened at $49.44 on Monday. The business’s fifty day moving average price is $48.65 and its 200-day moving average price is $46.60. The stock has a market capitalization of $101.35 million, a price-to-earnings ratio of 17.63 and a beta of 0.86. iShares MSCI New Zealand ETF has a 1-year low of $41.03 and a 1-year high of $50.41.

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.