Short Interest in iShares MSCI Finland ETF (BATS:EFNL) Expands By 72.0%

iShares MSCI Finland ETF (BATS:EFNL) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 44,223 shares, a growth of 72.0% from the July 15th total of 25,707 shares. Approximately 7.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,169 shares, the short-interest ratio is presently 4.3 days.

Hedge Funds Weigh In On iShares MSCI Finland ETF

A number of hedge funds have recently modified their holdings of EFNL. Zacks Investment Management raised its position in shares of iShares MSCI Finland ETF by 8.4% during the fourth quarter. Zacks Investment Management now owns 5,751 shares of the company’s stock worth $275,000 after purchasing an additional 448 shares during the period. Jane Street Group LLC boosted its position in shares of iShares MSCI Finland ETF by 144.4% in the 4th quarter. Jane Street Group LLC now owns 50,000 shares of the company’s stock valued at $2,391,000 after purchasing an additional 29,541 shares during the period. Idaho Trust Co boosted its position in shares of iShares MSCI Finland ETF by 21.0% in the 4th quarter. Idaho Trust Co now owns 6,518 shares of the company’s stock valued at $312,000 after purchasing an additional 1,131 shares during the period. Susquehanna International Group LLP increased its stake in iShares MSCI Finland ETF by 40.5% in the 3rd quarter. Susquehanna International Group LLP now owns 64,826 shares of the company’s stock worth $2,775,000 after purchasing an additional 18,682 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in iShares MSCI Finland ETF in the 3rd quarter worth about $247,000.

iShares MSCI Finland ETF Stock Performance

iShares MSCI Finland ETF stock opened at $53.43 on Wednesday. The firm has a market cap of $32.06 million, a price-to-earnings ratio of 15.40 and a beta of 0.83. iShares MSCI Finland ETF has a 1 year low of $41.19 and a 1 year high of $58.30. The firm’s 50 day moving average price is $52.75 and its two-hundred day moving average price is $52.36.

About iShares MSCI Finland ETF

The iShares MSCI Finland ETF (EFNL) is an exchange-traded fund that is based on the MSCI Finland IMI 25\u002F50 index, a market-cap-weighted index of Finnish all-cap stocks. EFNL was launched on Jan 25, 2012 and is managed by BlackRock.