iShares MSCI Norway ETF (BATS:ENOR – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 69,040 shares, a drop of 72.8% from the October 15th total of 253,955 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 46,946 shares, the short-interest ratio is currently 1.5 days.
iShares MSCI Norway ETF Trading Up 0.1%
Shares of BATS ENOR traded up $0.02 during trading hours on Friday, hitting $35.98. 28,095 shares of the company traded hands, compared to its average volume of 105,973. The company’s 50 day moving average price is $36.30 and its 200 day moving average price is $35.37. iShares MSCI Norway ETF has a 12 month low of $26.70 and a 12 month high of $38.15. The stock has a market capitalization of $331.02 million, a price-to-earnings ratio of 11.59 and a beta of 0.68.
Institutional Trading of iShares MSCI Norway ETF
Several institutional investors and hedge funds have recently modified their holdings of ENOR. HighTower Advisors LLC acquired a new position in shares of iShares MSCI Norway ETF during the third quarter worth $252,000. BFI Infinity Ltd. purchased a new position in shares of iShares MSCI Norway ETF during the third quarter worth $597,000. Farther Finance Advisors LLC acquired a new position in shares of iShares MSCI Norway ETF in the 3rd quarter valued at about $55,000. Fig Financial Advisory Services Inc. ADV purchased a new stake in iShares MSCI Norway ETF in the 3rd quarter worth approximately $2,558,000. Finally, Compass Financial Management LLC purchased a new stake in iShares MSCI Norway ETF during the second quarter worth $43,000.
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.
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