iShares MSCI New Zealand ETF (NASDAQ:ENZL – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 17,886 shares, a decrease of 80.3% from the August 31st total of 90,592 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 74,386 shares, the short-interest ratio is presently 0.2 days.
Institutional Investors Weigh In On iShares MSCI New Zealand ETF
Large investors have recently bought and sold shares of the stock. TD Waterhouse Canada Inc. raised its holdings in shares of iShares MSCI New Zealand ETF by 13.5% during the second quarter. TD Waterhouse Canada Inc. now owns 101,746 shares of the company’s stock valued at $4,537,000 after purchasing an additional 12,073 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of iShares MSCI New Zealand ETF by 13.1% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 14,712 shares of the company’s stock worth $659,000 after purchasing an additional 1,700 shares in the last quarter. Abound Financial LLC acquired a new stake in shares of iShares MSCI New Zealand ETF in the 4th quarter valued at about $53,000. Marotta Asset Management grew its stake in shares of iShares MSCI New Zealand ETF by 4.8% in the 1st quarter. Marotta Asset Management now owns 177,839 shares of the company’s stock valued at $7,566,000 after buying an additional 8,114 shares during the period. Finally, Royal Bank of Canada increased its position in iShares MSCI New Zealand ETF by 15.3% in the 1st quarter. Royal Bank of Canada now owns 4,982 shares of the company’s stock valued at $212,000 after buying an additional 662 shares in the last quarter.
iShares MSCI New Zealand ETF Price Performance
Shares of NASDAQ:ENZL traded up $0.01 during mid-day trading on Friday, hitting $45.44. The company had a trading volume of 2,649 shares, compared to its average volume of 56,589. The firm has a fifty day moving average price of $47.01 and a 200 day moving average price of $45.49. The company has a market capitalization of $70.43 million, a PE ratio of 41.58 and a beta of 0.89. iShares MSCI New Zealand ETF has a one year low of $41.69 and a one year high of $49.04.
About iShares MSCI New Zealand ETF
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.
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