VanEck Digital India ETF (NYSEARCA:DGIN) Short Interest Up 46.8% in February

VanEck Digital India ETF (NYSEARCA:DGIN) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 17,747 shares, a growth of 46.8% from the February 12th total of 12,086 shares. Based on an average daily volume of 19,516 shares, the days-to-cover ratio is currently 0.9 days. Approximately 3.9% of the company’s stock are short sold. Approximately 3.9% of the company’s stock are short sold. Based on an average daily volume of 19,516 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of VanEck Digital India ETF

A number of institutional investors have recently made changes to their positions in DGIN. Citadel Advisors LLC acquired a new position in VanEck Digital India ETF during the third quarter worth $840,000. Jane Street Group LLC boosted its stake in shares of VanEck Digital India ETF by 344.6% during the 1st quarter. Jane Street Group LLC now owns 21,711 shares of the company’s stock worth $847,000 after buying an additional 16,828 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of VanEck Digital India ETF by 887.2% in the 2nd quarter. Osaic Holdings Inc. now owns 3,534 shares of the company’s stock valued at $156,000 after acquiring an additional 3,176 shares in the last quarter. Archford Capital Strategies LLC increased its position in shares of VanEck Digital India ETF by 18.4% in the third quarter. Archford Capital Strategies LLC now owns 5,752 shares of the company’s stock valued at $230,000 after acquiring an additional 895 shares during the last quarter. Finally, Condor Capital Management raised its holdings in VanEck Digital India ETF by 5.0% during the fourth quarter. Condor Capital Management now owns 7,918 shares of the company’s stock worth $324,000 after acquiring an additional 378 shares in the last quarter.

VanEck Digital India ETF Stock Performance

NYSEARCA:DGIN opened at $32.16 on Friday. The stock has a 50-day simple moving average of $37.33 and a 200 day simple moving average of $40.15. VanEck Digital India ETF has a 52-week low of $32.16 and a 52-week high of $44.49. The company has a market cap of $14.47 million, a PE ratio of 40.34 and a beta of 0.63.

VanEck Digital India ETF Company Profile

The VanEck Digital India ETF (DGIN) is an exchange-traded fund that is based on the MVIS Digital India index. The fund tracks a market cap-weighted index of Indian companies that are involved in the digitalization of India’s economy. DGIN was launched on Feb 15, 2022 and is managed by VanEck.