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

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

iShares MSCI New Zealand ETF Price Performance

Shares of iShares MSCI New Zealand ETF stock opened at $47.12 on Tuesday. The stock has a market capitalization of $82.46 million, a price-to-earnings ratio of 41.58 and a beta of 0.89. The business has a 50-day moving average of $46.04 and a 200 day moving average of $45.44. iShares MSCI New Zealand ETF has a 12 month low of $41.69 and a 12 month high of $48.24.

iShares MSCI New Zealand ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares MSCI New Zealand ETF

Several large investors have recently added to or reduced their stakes in ENZL. Abound Financial LLC purchased a new position in iShares MSCI New Zealand ETF in the 4th quarter valued at approximately $53,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in iShares MSCI New Zealand ETF in the first quarter valued at $85,000. Royal Bank of Canada grew its stake in iShares MSCI New Zealand ETF by 15.3% during the 1st quarter. Royal Bank of Canada now owns 4,982 shares of the company’s stock worth $212,000 after purchasing an additional 662 shares in the last quarter. AlphaCore Capital LLC purchased a new stake in iShares MSCI New Zealand ETF during the 4th quarter worth about $283,000. Finally, Dynamic Advisor Solutions LLC raised its position in iShares MSCI New Zealand ETF by 13.1% in the 2nd 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 in 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.