iShares MSCI New Zealand ETF (NASDAQ:ENZL) Short Interest Down 53.1% in November

iShares MSCI New Zealand ETF (NASDAQ:ENZL) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 6,100 shares, a decline of 53.1% from the November 15th total of 13,000 shares. Based on an average trading volume of 21,700 shares, the short-interest ratio is currently 0.3 days.

iShares MSCI New Zealand ETF Stock Performance

Shares of NASDAQ ENZL traded up $0.23 during mid-day trading on Friday, reaching $45.78. The company had a trading volume of 2,962 shares, compared to its average volume of 12,687. The stock has a market capitalization of $89.27 million, a PE ratio of 17.63 and a beta of 0.86. iShares MSCI New Zealand ETF has a twelve month low of $43.86 and a twelve month high of $50.41. The stock’s 50 day moving average is $47.85 and its 200-day moving average is $47.45.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ENZL. Syntrinsic LLC bought a new stake in shares of iShares MSCI New Zealand ETF in the 2nd quarter valued at approximately $48,000. Blue Trust Inc. increased its stake in shares of iShares MSCI New Zealand ETF by 26.7% during the 3rd quarter. Blue Trust Inc. now owns 1,408 shares of the company’s stock worth $64,000 after purchasing an additional 297 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of iShares MSCI New Zealand ETF by 6.2% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,694 shares of the company’s stock valued at $213,000 after purchasing an additional 275 shares in the last quarter. L.M. Kohn & Company acquired a new stake in shares of iShares MSCI New Zealand ETF in the 3rd quarter valued at $271,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI New Zealand ETF in the third quarter worth $400,000.

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.