iShares MSCI Norway ETF (BATS:ENOR) Sees Large Increase in Short Interest

iShares MSCI Norway ETF (BATS:ENORGet Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 34,491 shares, a growth of 108.6% from the June 30th total of 16,532 shares. Based on an average trading volume of 86,898 shares, the short-interest ratio is presently 0.4 days. Approximately 2.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares MSCI Norway ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. bought a new position in shares of iShares MSCI Norway ETF during the 2nd quarter valued at about $29,000. EverSource Wealth Advisors LLC bought a new stake in iShares MSCI Norway ETF in the 1st quarter worth approximately $32,000. Raymond James Financial Inc. bought a new stake in iShares MSCI Norway ETF in the 2nd quarter worth approximately $43,000. Rhumbline Advisers boosted its stake in iShares MSCI Norway ETF by 23.3% in the first quarter. Rhumbline Advisers now owns 2,010 shares of the company’s stock worth $52,000 after buying an additional 380 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in iShares MSCI Norway ETF by 902.5% in the fourth quarter. Royal Bank of Canada now owns 2,005 shares of the company’s stock worth $58,000 after buying an additional 1,805 shares in the last quarter.

iShares MSCI Norway ETF Stock Up 1.2%

ENOR opened at $34.49 on Friday. The stock has a market cap of $55.18 million, a PE ratio of 12.79 and a beta of 1.00. iShares MSCI Norway ETF has a 52 week low of $26.70 and a 52 week high of $38.15. The business’s fifty day simple moving average is $34.09 and its 200 day simple moving average is $34.47.

iShares MSCI Norway ETF Company Profile

(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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