Short Interest in Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Decreases By 37.1%

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) was the target of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 44,592 shares, a decrease of 37.1% from the February 12th total of 70,892 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily volume of 37,943 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 37,943 shares, the short-interest ratio is currently 1.2 days. Currently, 1.0% of the company’s shares are short sold.

Institutional Trading of Global X FTSE Southeast Asia ETF

Institutional investors have recently added to or reduced their stakes in the stock. Corecam Pte. Ltd. acquired a new stake in shares of Global X FTSE Southeast Asia ETF in the fourth quarter valued at $808,000. ES4 LLC acquired a new position in Global X FTSE Southeast Asia ETF during the 4th quarter worth about $595,000. Moneco Advisors LLC purchased a new position in Global X FTSE Southeast Asia ETF during the 4th quarter valued at about $550,000. Jane Street Group LLC purchased a new position in Global X FTSE Southeast Asia ETF during the 4th quarter valued at about $532,000. Finally, Boothe Investment Group Inc. grew its position in Global X FTSE Southeast Asia ETF by 2.8% in the 4th quarter. Boothe Investment Group Inc. now owns 751,426 shares of the company’s stock valued at $13,773,000 after acquiring an additional 20,554 shares in the last quarter.

Global X FTSE Southeast Asia ETF Price Performance

Shares of NYSEARCA:ASEA traded down $0.13 during midday trading on Friday, reaching $18.98. 9,922 shares of the company’s stock were exchanged, compared to its average volume of 67,140. Global X FTSE Southeast Asia ETF has a fifty-two week low of $13.68 and a fifty-two week high of $20.70. The stock has a market cap of $86.36 million, a price-to-earnings ratio of 12.26 and a beta of 0.58. The firm’s 50 day simple moving average is $19.54 and its two-hundred day simple moving average is $18.38.

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.