iShares MSCI Norway ETF (BATS:ENOR) Sees Significant Decrease in Short Interest

iShares MSCI Norway ETF (BATS:ENORGet Free Report) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 33,376 shares, a drop of 90.0% from the April 15th total of 334,117 shares. Based on an average daily volume of 192,333 shares, the days-to-cover ratio is currently 0.2 days. Currently, 2.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI Norway ETF

Several hedge funds have recently modified their holdings of ENOR. Osaic Holdings Inc. acquired a new position in shares of iShares MSCI Norway ETF in the 2nd quarter worth approximately $29,000. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Norway ETF in the 2nd quarter worth approximately $43,000. Rhumbline Advisers grew its stake in shares of iShares MSCI Norway ETF by 23.3% in the 1st quarter. Rhumbline Advisers now owns 2,010 shares of the company’s stock worth $52,000 after purchasing an additional 380 shares during the last quarter. Royal Bank of Canada grew its stake in shares of iShares MSCI Norway ETF by 902.5% in the 4th quarter. Royal Bank of Canada now owns 2,005 shares of the company’s stock worth $58,000 after purchasing an additional 1,805 shares during the last quarter. Finally, CIBC Private Wealth Group LLC acquired a new position in shares of iShares MSCI Norway ETF in the 4th quarter worth approximately $124,000.

iShares MSCI Norway ETF Stock Performance

Shares of ENOR stock opened at $36.91 on Tuesday. iShares MSCI Norway ETF has a 1 year low of $25.84 and a 1 year high of $38.15. The stock has a market cap of $59.06 million, a PE ratio of 12.79 and a beta of 1.00. The business’s fifty day moving average is $36.05 and its 200-day moving average is $31.82.

About iShares MSCI Norway ETF

(Get Free Report)

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.

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