iShares MSCI Finland ETF (BATS:EFNL) Sees Significant Growth in Short Interest

iShares MSCI Finland ETF (BATS:EFNL) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 28,646 shares, a growth of 251.6% from the September 30th total of 8,148 shares. Based on an average daily trading volume, of 75,917 shares, the days-to-cover ratio is currently 0.4 days. Currently, 4.8% of the shares of the stock are short sold.

iShares MSCI Finland ETF Stock Up 0.3%

BATS:EFNL opened at $50.81 on Thursday. The business’s 50-day moving average price is $53.56 and its 200 day moving average price is $52.45. iShares MSCI Finland ETF has a 52-week low of $43.53 and a 52-week high of $58.30. The firm has a market cap of $30.49 million, a P/E ratio of 15.40 and a beta of 0.83.

Hedge Funds Weigh In On iShares MSCI Finland ETF

Several large investors have recently made changes to their positions in the business. Citadel Advisors LLC acquired a new position in shares of iShares MSCI Finland ETF in the 2nd quarter worth $508,000. IFP Advisors Inc lifted its holdings in shares of iShares MSCI Finland ETF by 139.6% during the third quarter. IFP Advisors Inc now owns 10,343 shares of the company’s stock valued at $552,000 after purchasing an additional 6,026 shares during the last quarter. Finally, Marotta Asset Management lifted its holdings in shares of iShares MSCI Finland ETF by 1.6% during the third quarter. Marotta Asset Management now owns 217,174 shares of the company’s stock valued at $11,582,000 after purchasing an additional 3,363 shares during the last quarter.

About iShares MSCI Finland ETF

The iShares MSCI Finland ETF (EFNL) is an exchange-traded fund that is based on the MSCI Finland IMI 25\u002F50 index, a market-cap-weighted index of Finnish all-cap stocks. EFNL was launched on Jan 25, 2012 and is managed by BlackRock.