iShares MSCI Norway ETF (BATS:ENOR) Short Interest Down 90.0% in April

iShares MSCI Norway ETF (BATS:ENOR) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 33,376 shares, a decrease 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 company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ENOR. Rhumbline Advisers boosted its stake in iShares MSCI Norway ETF by 23.3% during the first quarter. Rhumbline Advisers now owns 2,010 shares of the company’s stock worth $52,000 after acquiring an additional 380 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares MSCI Norway ETF during the second quarter worth $43,000. Jane Street Group LLC bought a new position in iShares MSCI Norway ETF during the second quarter worth $1,130,000. Bank of America Corp DE boosted its stake in iShares MSCI Norway ETF by 448.6% during the second quarter. Bank of America Corp DE now owns 56,561 shares of the company’s stock worth $1,576,000 after acquiring an additional 46,250 shares in the last quarter. Finally, Osaic Holdings Inc. bought a new position in iShares MSCI Norway ETF during the second quarter worth $29,000.

iShares MSCI Norway ETF Stock Performance

Shares of BATS:ENOR traded up $0.01 during trading on Monday, reaching $36.91. The stock had a trading volume of 557,358 shares, compared to its average volume of 90,435. The stock has a market cap of $59.06 million, a price-to-earnings ratio of 12.79 and a beta of 1.00. iShares MSCI Norway ETF has a 52 week low of $25.84 and a 52 week high of $38.15. The firm’s fifty day moving average is $35.94 and its 200 day moving average is $31.69.

iShares MSCI Norway ETF Company Profile

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.