iShares MSCI New Zealand ETF (NASDAQ:ENZL) Short Interest Up 34.5% in January

Posted by Chris Copeland on Feb 1st, 2025

iShares MSCI New Zealand ETF (NASDAQ:ENZL – Get Free Report) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 7,800 shares, an increase of 34.5% from the December 31st total of 5,800 shares. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is currently 0.6 days.

iShares MSCI New Zealand ETF Trading Down 0.2 %

Shares of ENZL stock opened at $44.96 on Friday. iShares MSCI New Zealand ETF has a 12-month low of $43.86 and a 12-month high of $50.41. The company has a market cap of $74.18 million, a price-to-earnings ratio of 17.63 and a beta of 0.86. The stock has a 50 day simple moving average of $45.97 and a 200-day simple moving average of $47.32.

iShares MSCI New Zealand ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.6152 dividend. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI New Zealand ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Blue Trust Inc. boosted its position in iShares MSCI New Zealand ETF by 26.7% during the third quarter. Blue Trust Inc. now owns 1,408 shares of the company’s stock worth $64,000 after purchasing an additional 297 shares in the last quarter. L.M. Kohn & Company purchased a new position in shares of iShares MSCI New Zealand ETF during the third quarter valued at approximately $271,000. Sunbelt Securities Inc. purchased a new stake in iShares MSCI New Zealand ETF in the 3rd quarter worth approximately $461,000. Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI New Zealand ETF in the 3rd quarter valued at $400,000. Finally, Fortitude Family Office LLC purchased a new position in shares of iShares MSCI New Zealand ETF during the 4th quarter worth $679,000.

About iShares MSCI New Zealand ETF

(Get Free Report)

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.