Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Sees Large Increase in Short Interest

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 14,944 shares, a growth of 23.5% from the January 29th total of 12,096 shares. Based on an average trading volume of 16,425 shares, the short-interest ratio is currently 0.9 days. Currently, 1.1% of the shares of the stock are short sold. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 16,425 shares, the short-interest ratio is currently 0.9 days.

Global X MSCI Vietnam ETF Price Performance

Shares of NYSEARCA:VNAM traded up $0.25 during trading on Wednesday, hitting $24.38. 14,200 shares of the company’s stock were exchanged, compared to its average volume of 22,481. The business’s 50-day simple moving average is $25.07 and its 200 day simple moving average is $23.82. The company has a market cap of $32.67 million, a price-to-earnings ratio of 14.33 and a beta of 0.86. Global X MSCI Vietnam ETF has a 52-week low of $12.80 and a 52-week high of $26.05.

Institutional Trading of Global X MSCI Vietnam ETF

Several hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new position in shares of Global X MSCI Vietnam ETF during the fourth quarter valued at about $29,000. Osaic Holdings Inc. increased its stake in Global X MSCI Vietnam ETF by 7,400.0% in the 2nd quarter. Osaic Holdings Inc. now owns 7,500 shares of the company’s stock worth $131,000 after acquiring an additional 7,400 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Global X MSCI Vietnam ETF by 35.2% during the 2nd quarter. Jane Street Group LLC now owns 36,512 shares of the company’s stock worth $640,000 after acquiring an additional 9,500 shares in the last quarter. Meridian Wealth Management LLC bought a new position in shares of Global X MSCI Vietnam ETF during the 4th quarter valued at approximately $285,000. Finally, ES4 LLC bought a new position in shares of Global X MSCI Vietnam ETF during the 4th quarter valued at approximately $834,000.

Global X MSCI Vietnam ETF Company Profile

The Global X MSCI Vietnam ETF (VNAM) is an exchange-traded fund that is based on the MSCI Vietnam IMI Select 25\u002F50 index. The fund tracks a broad index of large- to small-cap equities from Vietnam, selected and weighted by their free-float market capitalization. VNAM was launched on Dec 7, 2021 and is managed by Global X.