Short Interest in Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Declines By 50.7%

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 39,473 shares, a decrease of 50.7% from the December 31st total of 80,077 shares. Based on an average daily volume of 56,831 shares, the short-interest ratio is presently 0.7 days. Approximately 0.9% of the shares of the stock are sold short. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 56,831 shares, the short-interest ratio is presently 0.7 days.

Global X FTSE Southeast Asia ETF Stock Down 0.3%

Shares of ASEA traded down $0.05 during mid-day trading on Friday, reaching $19.47. 232,336 shares of the company’s stock were exchanged, compared to its average volume of 82,292. Global X FTSE Southeast Asia ETF has a 52-week low of $13.68 and a 52-week high of $19.84. The company has a market cap of $88.59 million, a price-to-earnings ratio of 12.26 and a beta of 0.58. The company has a 50-day simple moving average of $18.66 and a two-hundred day simple moving average of $17.79.

Institutional Trading of Global X FTSE Southeast Asia ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ASEA. Boothe Investment Group Inc. lifted its stake in shares of Global X FTSE Southeast Asia ETF by 1.3% during the 3rd quarter. Boothe Investment Group Inc. now owns 730,872 shares of the company’s stock worth $12,494,000 after purchasing an additional 9,700 shares during the period. Jane Street Group LLC lifted its position in Global X FTSE Southeast Asia ETF by 17.4% during the second quarter. Jane Street Group LLC now owns 54,716 shares of the company’s stock worth $892,000 after buying an additional 8,096 shares during the period. TD Waterhouse Canada Inc. purchased a new position in Global X FTSE Southeast Asia ETF during the fourth quarter worth about $80,000. Cetera Investment Advisers boosted its stake in Global X FTSE Southeast Asia ETF by 3.2% in the 2nd quarter. Cetera Investment Advisers now owns 116,914 shares of the company’s stock worth $1,907,000 after buying an additional 3,634 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Global X FTSE Southeast Asia ETF by 90.6% in the 2nd quarter. Bank of America Corp DE now owns 7,463 shares of the company’s stock valued at $122,000 after buying an additional 3,548 shares during the period.

Global X FTSE Southeast Asia ETF Company Profile

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.