iShares MSCI Finland ETF (BATS:EFNL) Sees Large Growth in Short Interest

iShares MSCI Finland ETF (BATS:EFNL) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 25,707 shares, an increase of 291.8% from the June 30th total of 6,561 shares. Based on an average trading volume of 104,879 shares, the short-interest ratio is currently 0.2 days. Approximately 4.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EFNL. Jane Street Group LLC bought a new stake in iShares MSCI Finland ETF during the 1st quarter valued at $2,870,000. Susquehanna International Group LLP raised its position in iShares MSCI Finland ETF by 40.5% during the 3rd quarter. Susquehanna International Group LLP now owns 64,826 shares of the company’s stock valued at $2,775,000 after purchasing an additional 18,682 shares during the last quarter. Citadel Advisors LLC lifted its holdings in iShares MSCI Finland ETF by 31.5% in the 3rd quarter. Citadel Advisors LLC now owns 20,887 shares of the company’s stock worth $894,000 after buying an additional 5,003 shares during the period. Cetera Investment Advisers purchased a new stake in iShares MSCI Finland ETF in the 2nd quarter worth approximately $670,000. Finally, Idaho Trust Co grew 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 worth $312,000 after buying an additional 1,131 shares during the last quarter.

iShares MSCI Finland ETF Price Performance

Shares of EFNL stock opened at $50.88 on Friday. The business has a 50-day moving average of $54.07 and a 200 day moving average of $51.92. iShares MSCI Finland ETF has a 1-year low of $40.09 and a 1-year high of $58.30. The stock has a market capitalization of $30.53 million, a PE ratio of 15.40 and a beta of 0.83.

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.