VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Short Interest Up 357.6% in August

VanEck India Growth Leaders ETF (NYSEARCA:GLIN) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,908 shares, a growth of 357.6% from the July 30th total of 417 shares. Based on an average trading volume of 4,913 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

VanEck India Growth Leaders ETF Trading Down 0.4%

Shares of GLIN traded down $0.19 during mid-day trading on Thursday, reaching $46.03. The company’s stock had a trading volume of 2,914 shares, compared to its average volume of 58,785. VanEck India Growth Leaders ETF has a 52 week low of $38.71 and a 52 week high of $47.94. The stock has a market cap of $95.74 million, a PE ratio of 15.62 and a beta of 0.69. The company’s fifty day moving average price is $45.70 and its two-hundred day moving average price is $44.93.

Institutional Trading of VanEck India Growth Leaders ETF

Several institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC increased its stake in shares of VanEck India Growth Leaders ETF by 332.9% during the first quarter. Jane Street Group LLC now owns 83,285 shares of the company’s stock valued at $3,570,000 after buying an additional 64,045 shares during the period. Susquehanna International Group LLP purchased a new position in VanEck India Growth Leaders ETF during the 3rd quarter valued at $477,000. Ascent Advisors LLC bought a new position in VanEck India Growth Leaders ETF in the 1st quarter worth $302,000. J. Safra Sarasin Holding AG purchased a new stake in shares of VanEck India Growth Leaders ETF in the 1st quarter worth about $264,000. Finally, Kickstand Ventures LLC. boosted its stake in shares of VanEck India Growth Leaders ETF by 6.9% during the 2nd quarter. Kickstand Ventures LLC. now owns 94,436 shares of the company’s stock valued at $4,391,000 after purchasing an additional 6,103 shares in the last quarter.

VanEck India Growth Leaders ETF Company Profile

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.