Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Short Interest Up 126.8% in December

Global X MSCI Vietnam ETF (NYSEARCA:VNAMGet Free Report) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 76,053 shares, an increase of 126.8% from the November 30th total of 33,526 shares. Based on an average daily volume of 14,735 shares, the days-to-cover ratio is presently 5.2 days. Currently, 7.0% of the shares of the company are sold short. Currently, 7.0% of the shares of the company are sold short. Based on an average daily volume of 14,735 shares, the days-to-cover ratio is presently 5.2 days.

Global X MSCI Vietnam ETF Stock Down 3.6%

Shares of NYSEARCA VNAM opened at $24.38 on Friday. Global X MSCI Vietnam ETF has a fifty-two week low of $12.80 and a fifty-two week high of $25.56. The firm’s 50-day simple moving average is $23.43 and its 200 day simple moving average is $21.79. The stock has a market cap of $26.33 million, a P/E ratio of 14.33 and a beta of 0.86.

Institutional Trading of Global X MSCI Vietnam ETF

A number of institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. boosted its holdings 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 acquiring an additional 7,400 shares in the last quarter. OLD Mission Capital LLC lifted its position in Global X MSCI Vietnam ETF by 18.6% in the first quarter. OLD Mission Capital LLC now owns 30,256 shares of the company’s stock worth $485,000 after purchasing an additional 4,753 shares during the period. Finally, Jane Street Group LLC lifted its position in Global X MSCI Vietnam ETF by 35.2% in the second 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.

About Global X MSCI Vietnam ETF

(Get Free Report)

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.

Further Reading

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