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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Blue Trust Inc. boosted its position in shares of iShares MSCI New Zealand ETF by 26.7% during the 3rd quarter. Blue Trust Inc. now owns 1,408 shares of the company’s stock worth $64,000 after acquiring an additional 297 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in iShares MSCI New Zealand ETF by 8.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,254 shares of the company’s stock valued at $237,000 after buying an additional 391 shares in the last quarter. L.M. Kohn & Company bought a new position in shares of iShares MSCI New Zealand ETF during the third quarter valued at $271,000. Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI New Zealand ETF during the third quarter valued at $400,000. Finally, Sunbelt Securities Inc. bought a new position in shares of iShares MSCI New Zealand ETF during the third quarter valued at $461,000.

iShares MSCI New Zealand ETF Trading Down 0.2 %

NASDAQ ENZL opened at $44.96 on Friday. The stock’s 50 day moving average is $45.97 and its two-hundred day moving average is $47.32. iShares MSCI New Zealand ETF has a 1-year low of $43.86 and a 1-year high of $50.41. The company has a market capitalization of $74.18 million, a price-to-earnings ratio of 17.63 and a beta of 0.86.

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 given a dividend of $0.6152 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares MSCI New Zealand ETF

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.