Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Declines By 52.2%

VanEck China Bond ETF (NYSEARCA:CBON) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 411 shares, a decline of 52.2% from the December 15th total of 859 shares. Based on an average trading volume of 3,904 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 3,904 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On VanEck China Bond ETF

An institutional investor recently raised its position in VanEck China Bond ETF stock. Susquehanna International Group LLP increased its stake in shares of VanEck China Bond ETF (NYSEARCA:CBON) by 2.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 39,435 shares of the company’s stock after acquiring an additional 815 shares during the quarter. Susquehanna International Group LLP owned about 4.93% of VanEck China Bond ETF worth $883,000 at the end of the most recent quarter. Institutional investors and hedge funds own 14.60% of the company’s stock.

VanEck China Bond ETF Price Performance

Shares of NYSEARCA:CBON traded down $0.04 during trading on Wednesday, hitting $22.87. 4,160 shares of the company’s stock were exchanged, compared to its average volume of 2,529. The business’s 50-day simple moving average is $22.65 and its 200 day simple moving average is $22.45. The company has a market cap of $18.30 million, a price-to-earnings ratio of -175.92 and a beta of 0.12. VanEck China Bond ETF has a 52-week low of $21.34 and a 52-week high of $22.96.

VanEck China Bond ETF Company Profile

The VanEck China Bond ETF (CBON) is an exchange-traded fund that is based on the ChinaBond China High Quality Bond index. The fund tracks an investment-grade, broad-maturity government\u002Fcredit onshore RMB-denominated China bond index. CBON was launched on Nov 10, 2014 and is managed by VanEck.