Short Interest in iShares MSCI New Zealand ETF (NASDAQ:ENZL) Increases By 89.2%

iShares MSCI New Zealand ETF (NASDAQ:ENZL) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 60,879 shares, a growth of 89.2% from the July 15th total of 32,179 shares. Approximately 3.5% of the company’s stock are short sold. Based on an average daily volume of 141,439 shares, the short-interest ratio is currently 0.4 days.

iShares MSCI New Zealand ETF Stock Up 0.1%

Shares of iShares MSCI New Zealand ETF stock traded up $0.04 during midday trading on Friday, hitting $47.29. The company’s stock had a trading volume of 92,119 shares, compared to its average volume of 57,479. iShares MSCI New Zealand ETF has a 1-year low of $41.69 and a 1-year high of $48.24. The firm has a market capitalization of $82.76 million, a P/E ratio of 41.58 and a beta of 0.89. The stock has a 50-day simple moving average of $45.99 and a 200-day simple moving average of $45.45.

iShares MSCI New Zealand ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.4368 per share. The ex-dividend date was Monday, June 15th.

Institutional Trading of iShares MSCI New Zealand ETF

Institutional investors have recently made changes to their positions in the stock. Abound Financial LLC purchased a new position in iShares MSCI New Zealand ETF during the fourth quarter valued at approximately $53,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of iShares MSCI New Zealand ETF during the first quarter worth $85,000. Royal Bank of Canada raised its holdings in shares of iShares MSCI New Zealand ETF by 15.3% during the first quarter. Royal Bank of Canada now owns 4,982 shares of the company’s stock worth $212,000 after acquiring an additional 662 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in iShares MSCI New Zealand ETF during the fourth quarter valued at $283,000. Finally, Dynamic Advisor Solutions LLC boosted its position in iShares MSCI New Zealand ETF by 13.1% during the second quarter. Dynamic Advisor Solutions LLC now owns 14,712 shares of the company’s stock valued at $659,000 after purchasing an additional 1,700 shares during the last quarter.

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.