Short Interest in Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Declines By 66.1%

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 13,203 shares, a decline of 66.1% from the May 31st total of 38,960 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 11,233 shares, the short-interest ratio is currently 1.2 days.

Global X MSCI Vietnam ETF Stock Up 1.2%

Shares of VNAM stock traded up $0.29 during trading hours on Monday, reaching $25.10. 3,161 shares of the company’s stock were exchanged, compared to its average volume of 17,642. Global X MSCI Vietnam ETF has a fifty-two week low of $17.30 and a fifty-two week high of $27.45. The stock has a market capitalization of $34.64 million, a P/E ratio of 14.33 and a beta of 0.90. The business has a fifty day moving average price of $25.55 and a 200-day moving average price of $24.69.

Institutional Trading of Global X MSCI Vietnam ETF

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

About Global X MSCI Vietnam ETF

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.