Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Short Interest Update

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 5,819 shares, a drop of 47.1% from the July 30th total of 11,002 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,676 shares, the short-interest ratio is presently 1.2 days.

Global X MSCI Vietnam ETF Stock Up 0.2%

VNAM stock opened at $24.88 on Tuesday. Global X MSCI Vietnam ETF has a 12-month low of $21.50 and a 12-month high of $27.45. The company has a 50 day moving average of $24.13 and a two-hundred day moving average of $24.45. The company has a market cap of $36.82 million, a price-to-earnings ratio of 14.33 and a beta of 0.90.

Hedge Funds Weigh In On Global X MSCI Vietnam ETF

Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC bought a new position in Global X MSCI Vietnam ETF in the 4th quarter worth approximately $29,000. Continuum Advisory LLC acquired a new stake in shares of Global X MSCI Vietnam ETF in the 2nd quarter valued at about $48,000. Osaic Holdings Inc. boosted its holdings in Global X MSCI Vietnam ETF by 7,400.0% during the second quarter. Osaic Holdings Inc. now owns 7,500 shares of the company’s stock worth $131,000 after purchasing an additional 7,400 shares during the last quarter. Jane Street Group LLC raised its holdings in Global X MSCI Vietnam ETF by 35.2% during the second 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. Finally, Meridian Wealth Management LLC bought a new stake in Global X MSCI Vietnam ETF during the fourth quarter worth $285,000.

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.