iShares MSCI Norway ETF (BATS:ENOR) Short Interest Down 68.9% in June

iShares MSCI Norway ETF (BATS:ENOR) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 16,532 shares, a drop of 68.9% from the June 15th total of 53,079 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 65,420 shares, the days-to-cover ratio is presently 0.3 days.

iShares MSCI Norway ETF Trading Up 0.7%

Shares of BATS ENOR opened at $32.62 on Tuesday. The stock has a market capitalization of $52.19 million, a PE ratio of 12.79 and a beta of 1.00. The stock’s fifty day simple moving average is $35.06 and its two-hundred day simple moving average is $34.04. iShares MSCI Norway ETF has a 12-month low of $26.70 and a 12-month high of $38.15.

Institutional Investors Weigh In On iShares MSCI Norway ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in 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 purchasing an additional 46,250 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of iShares MSCI Norway ETF in the 2nd quarter valued at about $1,130,000. Equitable Holdings Inc. grew its position in shares of iShares MSCI Norway ETF by 6.2% in the 4th quarter. Equitable Holdings Inc. now owns 32,605 shares of the company’s stock worth $938,000 after buying an additional 1,900 shares during the last quarter. Susquehanna International Group LLP grew its position in shares of iShares MSCI Norway ETF by 234.7% in the 3rd quarter. Susquehanna International Group LLP now owns 30,823 shares of the company’s stock worth $880,000 after buying an additional 21,613 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Norway ETF during the 3rd quarter worth approximately $578,000.

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.