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

iShares MSCI New Zealand ETF (NASDAQ:ENZL) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 7,800 shares, an increase 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 Investors Weigh In On iShares MSCI New Zealand ETF

A number of institutional investors have recently modified their holdings of ENZL. Fortitude Family Office LLC acquired a new position in iShares MSCI New Zealand ETF during the fourth quarter worth about $679,000. Sunbelt Securities Inc. purchased a new position in iShares MSCI New Zealand ETF in the 3rd quarter worth approximately $461,000. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI New Zealand ETF during the 3rd quarter worth approximately $400,000. L.M. Kohn & Company purchased a new stake in shares of iShares MSCI New Zealand ETF in the third quarter valued at approximately $271,000. Finally, Dynamic Advisor Solutions LLC grew its position in shares of 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 purchasing an additional 391 shares in the last quarter.

iShares MSCI New Zealand ETF Stock Performance

iShares MSCI New Zealand ETF stock traded down $0.04 during midday trading on Thursday, hitting $45.20. 427 shares of the company were exchanged, compared to its average volume of 4,311. The business has a fifty day simple moving average of $46.08 and a two-hundred day simple moving average of $47.35. The firm has a market capitalization of $74.58 million, a PE ratio of 17.63 and a beta of 0.86. iShares MSCI New Zealand ETF has a fifty-two week low of $43.86 and a fifty-two week high of $50.41.

iShares MSCI New Zealand ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.6152 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.