Short Interest in VanEck Israel ETF (NYSEARCA:ISRA) Declines By 22.9%

VanEck Israel ETF (NYSEARCA:ISRA) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 8,100 shares, a decline of 22.9% from the August 15th total of 10,500 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is presently 0.7 days.

VanEck Israel ETF Trading Up 0.5%

Shares of ISRA opened at $52.75 on Wednesday. The firm’s 50-day moving average is $51.47 and its two-hundred day moving average is $47.56. VanEck Israel ETF has a twelve month low of $37.03 and a twelve month high of $53.84. The firm has a market capitalization of $116.05 million, a P/E ratio of 14.88 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Whitaker Myers Wealth Managers LTD. grew its position in VanEck Israel ETF by 4.0% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 304,754 shares of the company’s stock worth $15,796,000 after buying an additional 11,666 shares during the period. Partners Capital Investment Group LLP grew its position in VanEck Israel ETF by 100.0% during the first quarter. Partners Capital Investment Group LLP now owns 290,246 shares of the company’s stock worth $12,244,000 after buying an additional 145,123 shares during the period. IMA Advisory Services Inc. grew its position in VanEck Israel ETF by 0.5% during the second quarter. IMA Advisory Services Inc. now owns 74,883 shares of the company’s stock worth $3,878,000 after buying an additional 386 shares during the period. Tidal Investments LLC grew its position in VanEck Israel ETF by 5.3% during the second quarter. Tidal Investments LLC now owns 51,144 shares of the company’s stock worth $2,651,000 after buying an additional 2,563 shares during the period. Finally, Jane Street Group LLC grew its position in VanEck Israel ETF by 203.6% during the first quarter. Jane Street Group LLC now owns 21,494 shares of the company’s stock worth $907,000 after buying an additional 14,415 shares during the period.

About VanEck Israel ETF

The VanEck Israel ETF (ISRA) is an exchange-traded fund that is based on the BlueStar Israel Global index. The fund tracks a cap-weighted, committee-reviewed index of Israeli and Israeli-linked companies. ISRA was launched on Jun 25, 2013 and is managed by VanEck.