Short Interest in Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Expands By 22.5%

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 18,305 shares, an increase of 22.5% from the February 12th total of 14,944 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average trading volume of 18,590 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 18,590 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.4% of the company’s shares are sold short.

Hedge Funds Weigh In On Global X MSCI Vietnam ETF

Institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in Global X MSCI Vietnam ETF in the fourth quarter worth about $29,000. Osaic Holdings Inc. increased its position in Global X MSCI Vietnam ETF by 7,400.0% during the 2nd quarter. Osaic Holdings Inc. now owns 7,500 shares of the company’s stock valued at $131,000 after purchasing an additional 7,400 shares during the period. Meridian Wealth Management LLC bought a new stake in shares of Global X MSCI Vietnam ETF in the 4th quarter valued at about $285,000. Jane Street Group LLC lifted its position in shares of Global X MSCI Vietnam ETF by 35.2% in the 2nd quarter. Jane Street Group LLC now owns 36,512 shares of the company’s stock worth $640,000 after purchasing an additional 9,500 shares during the period. Finally, ES4 LLC bought a new position in shares of Global X MSCI Vietnam ETF during the fourth quarter valued at approximately $834,000.

Global X MSCI Vietnam ETF Stock Performance

Shares of NYSEARCA VNAM opened at $23.06 on Tuesday. Global X MSCI Vietnam ETF has a 52-week low of $12.80 and a 52-week high of $26.05. The firm has a market capitalization of $30.90 million, a price-to-earnings ratio of 14.33 and a beta of 0.86. The stock has a 50 day moving average price of $24.72 and a 200 day moving average price of $23.87.

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.