iShares MSCI Norway ETF (BATS:ENOR – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 61,271 shares, an increase of 77.6% from the July 15th total of 34,491 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average daily trading volume, of 24,517 shares, the short-interest ratio is currently 2.5 days.
iShares MSCI Norway ETF Trading Up 0.6%
BATS ENOR opened at $36.25 on Tuesday. iShares MSCI Norway ETF has a 1-year low of $26.70 and a 1-year high of $38.15. The stock has a 50-day moving average of $33.64 and a 200-day moving average of $34.89. The firm has a market cap of $58 million, a PE ratio of 12.79 and a beta of 1.00.
Hedge Funds Weigh In On iShares MSCI Norway ETF
A number of large investors have recently bought and sold shares of the stock. Rhumbline Advisers lifted its position in iShares MSCI Norway ETF by 23.3% in the first quarter. Rhumbline Advisers now owns 2,010 shares of the company’s stock valued at $52,000 after purchasing an additional 380 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares MSCI Norway ETF in the second quarter worth approximately $43,000. Jane Street Group LLC purchased a new position in shares of iShares MSCI Norway ETF in the second quarter worth $1,130,000. Bank of America Corp DE increased its stake in shares of 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 worth $1,576,000 after buying an additional 46,250 shares during the period. Finally, Osaic Holdings Inc. bought a new stake in iShares MSCI Norway ETF during the 2nd quarter valued at $29,000.
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.
Featured Stories
- Five stocks we like better than iShares MSCI Norway ETF
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for iShares MSCI Norway ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Norway ETF and related companies with MarketBeat.com's FREE daily email newsletter.
