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

iShares MSCI New Zealand ETF (NASDAQ:ENZL) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 6,200 shares, a drop of 32.6% from the February 28th total of 9,200 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 6,700 shares, the short-interest ratio is presently 0.9 days.

iShares MSCI New Zealand ETF Price Performance

Shares of ENZL stock opened at $42.05 on Friday. iShares MSCI New Zealand ETF has a one year low of $41.53 and a one year high of $50.41. The business’s 50 day simple moving average is $43.82 and its 200 day simple moving average is $46.18. The stock has a market capitalization of $69.38 million, a PE ratio of 32.90 and a beta of 0.86.

Institutional Trading of iShares MSCI New Zealand ETF

Several hedge funds have recently modified their holdings of the stock. Stuart Chaussee & Associates Inc. bought a new stake in iShares MSCI New Zealand ETF during the 4th quarter valued at $32,000. Blue Trust Inc. increased its position in shares of iShares MSCI New Zealand ETF by 38.6% during the fourth quarter. Blue Trust Inc. now owns 1,952 shares of the company’s stock worth $96,000 after acquiring an additional 544 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in iShares MSCI New Zealand ETF by 8.0% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 5,254 shares of the company’s stock valued at $237,000 after acquiring an additional 391 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares MSCI New Zealand ETF during the 4th quarter valued at about $266,000. Finally, L.M. Kohn & Company acquired a new position in iShares MSCI New Zealand ETF during the 3rd quarter valued at about $271,000.

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.