Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Sees Large Increase in Short Interest

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 70,892 shares, an increase of 375.9% from the January 29th total of 14,895 shares. Based on an average daily volume of 71,322 shares, the short-interest ratio is presently 1.0 days. Currently, 1.6% of the shares of the stock are short sold. Currently, 1.6% of the shares of the stock are short sold. Based on an average daily volume of 71,322 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Global X FTSE Southeast Asia ETF

Several large investors have recently modified their holdings of ASEA. Cetera Investment Advisers lifted its holdings in shares of Global X FTSE Southeast Asia ETF by 3.2% during the second quarter. Cetera Investment Advisers now owns 116,914 shares of the company’s stock worth $1,907,000 after purchasing an additional 3,634 shares during the period. Jane Street Group LLC raised its position in Global X FTSE Southeast Asia ETF by 17.4% during the 2nd quarter. Jane Street Group LLC now owns 54,716 shares of the company’s stock worth $892,000 after purchasing an additional 8,096 shares during the last quarter. Bank of America Corp DE lifted its holdings in Global X FTSE Southeast Asia ETF by 90.6% during the 2nd quarter. Bank of America Corp DE now owns 7,463 shares of the company’s stock worth $122,000 after buying an additional 3,548 shares during the period. Barry Investment Advisors LLC grew its position in shares of Global X FTSE Southeast Asia ETF by 0.7% in the 3rd quarter. Barry Investment Advisors LLC now owns 100,298 shares of the company’s stock valued at $1,714,000 after buying an additional 719 shares during the last quarter. Finally, Boothe Investment Group Inc. grew its position in shares of Global X FTSE Southeast Asia ETF by 1.3% in the 3rd quarter. Boothe Investment Group Inc. now owns 730,872 shares of the company’s stock valued at $12,494,000 after buying an additional 9,700 shares during the last quarter.

Global X FTSE Southeast Asia ETF Trading Up 0.6%

Shares of ASEA stock opened at $20.65 on Thursday. The firm has a market capitalization of $93.96 million, a price-to-earnings ratio of 12.26 and a beta of 0.58. The business’s 50-day moving average price is $19.33 and its 200-day moving average price is $18.22. Global X FTSE Southeast Asia ETF has a 12 month low of $13.68 and a 12 month high of $20.70.

About Global X FTSE Southeast Asia ETF

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.