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

iShares MSCI Norway ETF (BATS:ENOR) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 16,532 shares, a drop of 68.9% from the June 15th total of 53,079 shares. Based on an average daily trading volume, of 65,420 shares, the short-interest ratio is presently 0.3 days. Approximately 1.0% of the shares of the company are short sold.

iShares MSCI Norway ETF Stock Performance

Shares of BATS ENOR traded up $0.06 during trading on Monday, reaching $32.71. The stock had a trading volume of 1,934 shares, compared to its average volume of 91,682. iShares MSCI Norway ETF has a one year low of $26.70 and a one year high of $38.15. The stock has a market cap of $52.34 million, a PE ratio of 12.79 and a beta of 1.00. The firm’s 50 day moving average price is $35.16 and its two-hundred day moving average price is $34.02.

Institutional Trading of iShares MSCI Norway ETF

Several institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. bought a new stake in shares of iShares MSCI Norway ETF during the first quarter valued at approximately $124,000. EverSource Wealth Advisors LLC acquired a new stake in iShares MSCI Norway ETF in the 1st quarter valued at approximately $32,000. Royal Bank of Canada increased its position in iShares MSCI Norway ETF by 79.8% in the 1st quarter. Royal Bank of Canada now owns 3,605 shares of the company’s stock valued at $133,000 after acquiring an additional 1,600 shares during the period. Equitable Holdings Inc. raised its stake in iShares MSCI Norway ETF by 6.2% during the 4th quarter. Equitable Holdings Inc. now owns 32,605 shares of the company’s stock valued at $938,000 after acquiring an additional 1,900 shares in the last quarter. Finally, CIBC Private Wealth Group LLC bought a new stake in iShares MSCI Norway ETF during the 4th quarter valued at $124,000.

About iShares MSCI Norway ETF

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.