iShares MSCI Norway ETF (BATS:ENOR) Short Interest Down 90.0% in April

iShares MSCI Norway ETF (BATS:ENOR) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 33,376 shares, a decrease of 90.0% from the April 15th total of 334,117 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average trading volume of 192,333 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in shares of iShares MSCI Norway ETF by 448.6% in the second quarter. Bank of America Corp DE now owns 56,561 shares of the company’s stock valued at $1,576,000 after buying an additional 46,250 shares in the last quarter. Jane Street Group LLC bought a new position in shares of iShares MSCI Norway ETF in the second quarter valued at $1,130,000. Equitable Holdings Inc. lifted its stake in shares of iShares MSCI Norway ETF by 6.2% in the fourth quarter. Equitable Holdings Inc. now owns 32,605 shares of the company’s stock valued at $938,000 after buying an additional 1,900 shares in the last quarter. Susquehanna International Group LLP lifted its stake in shares of iShares MSCI Norway ETF by 234.7% in the third quarter. Susquehanna International Group LLP now owns 30,823 shares of the company’s stock valued at $880,000 after buying an additional 21,613 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Norway ETF in the third quarter valued at $578,000.

iShares MSCI Norway ETF Trading Up 0.0%

BATS ENOR traded up $0.01 on Monday, hitting $36.91. 557,358 shares of the company were exchanged, compared to its average volume of 90,435. The stock has a fifty day moving average of $35.94 and a 200-day moving average of $31.69. iShares MSCI Norway ETF has a 12 month low of $25.84 and a 12 month high of $38.15. The company has a market cap of $59.06 million, a PE ratio of 12.79 and a beta of 1.00.

iShares MSCI Norway ETF Company Profile

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.