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

iShares MSCI Finland ETF (BATS:EFNL) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 130,107 shares, a growth of 1,897.7% from the May 14th total of 6,513 shares. Currently, 21.7% of the company’s shares are short sold. Based on an average trading volume of 8,141 shares, the days-to-cover ratio is presently 16.0 days.

iShares MSCI Finland ETF Price Performance

Shares of EFNL stock opened at $54.75 on Wednesday. The stock has a market capitalization of $32.85 million, a PE ratio of 15.40 and a beta of 0.83. iShares MSCI Finland ETF has a 1-year low of $34.96 and a 1-year high of $58.30. The business has a 50-day moving average of $54.11 and a 200 day moving average of $50.48.

Institutional Investors Weigh In On iShares MSCI Finland ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Zacks Investment Management lifted its holdings in iShares MSCI Finland ETF by 8.4% in the 4th quarter. Zacks Investment Management now owns 5,751 shares of the company’s stock worth $275,000 after buying an additional 448 shares during the period. Jane Street Group LLC lifted its holdings in 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 worth $2,391,000 after buying an additional 29,541 shares during the period. Idaho Trust Co lifted 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 purchasing an additional 1,131 shares during the period. Arlington Capital Management Inc. lifted its position in shares of iShares MSCI Finland ETF by 1.6% in the 4th quarter. Arlington Capital Management Inc. now owns 70,726 shares of the company’s stock worth $3,382,000 after purchasing an additional 1,113 shares during the period. Finally, Susquehanna International Group LLP lifted its position in shares of 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 during the period.

iShares MSCI Finland ETF Company Profile

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.