iShares MSCI New Zealand ETF (NASDAQ:ENZL) Sees Large Decline in Short Interest

Posted by Paula Ricardo on Mar 31st, 2025

iShares MSCI New Zealand ETF (NASDAQ:ENZL – Get Free Report) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 6,200 shares, a decrease of 32.6% from the February 28th total of 9,200 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 6,700 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On iShares MSCI New Zealand ETF

Large investors have recently modified their holdings of the business. Stuart Chaussee & Associates Inc. bought a new stake in shares of iShares MSCI New Zealand ETF during the 4th quarter worth $32,000. Blue Trust Inc. increased its holdings in iShares MSCI New Zealand ETF by 38.6% in the 4th quarter. Blue Trust Inc. now owns 1,952 shares of the company’s stock worth $96,000 after purchasing an additional 544 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in iShares MSCI New Zealand ETF by 8.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,254 shares of the company’s stock valued at $237,000 after purchasing an additional 391 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI New Zealand ETF during the fourth quarter worth about $266,000. Finally, L.M. Kohn & Company bought a new stake in shares of iShares MSCI New Zealand ETF during the third quarter worth about $271,000.

iShares MSCI New Zealand ETF Price Performance

NASDAQ:ENZL traded down $0.17 during trading hours on Monday, reaching $41.88. 1,866 shares of the company were exchanged, compared to its average volume of 6,189. The business has a 50 day moving average of $43.82 and a 200 day moving average of $46.16. The company has a market capitalization of $69.10 million, a P/E ratio of 32.90 and a beta of 0.86. iShares MSCI New Zealand ETF has a 1-year low of $41.53 and a 1-year high of $50.41.

iShares MSCI New Zealand ETF Company Profile

(Get Free Report)

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.