Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Short Interest Update

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 39,473 shares, a decline of 50.7% from the December 31st total of 80,077 shares. Based on an average daily trading volume, of 56,831 shares, the short-interest ratio is currently 0.7 days. Currently, 0.9% of the shares of the company are short sold. Currently, 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 56,831 shares, the short-interest ratio is currently 0.7 days.

Global X FTSE Southeast Asia ETF Stock Performance

Shares of ASEA stock traded down $0.07 during trading hours on Friday, reaching $19.45. The company had a trading volume of 225,777 shares, compared to its average volume of 82,030. Global X FTSE Southeast Asia ETF has a 12-month low of $13.68 and a 12-month high of $19.84. The stock has a fifty day moving average of $18.63 and a 200-day moving average of $17.77. The company has a market capitalization of $88.50 million, a price-to-earnings ratio of 12.26 and a beta of 0.58.

Institutional Investors Weigh In On Global X FTSE Southeast Asia ETF

Large investors have recently modified their holdings of the stock. Barry Investment Advisors LLC raised its stake in shares of Global X FTSE Southeast Asia ETF by 0.7% during the third quarter. Barry Investment Advisors LLC now owns 100,298 shares of the company’s stock worth $1,714,000 after buying an additional 719 shares during the last quarter. Bank of America Corp DE lifted its holdings in Global X FTSE Southeast Asia ETF by 13.1% during the 3rd quarter. Bank of America Corp DE now owns 8,443 shares of the company’s stock worth $144,000 after purchasing an additional 980 shares during the last quarter. Algorithmic Investment Models LLC boosted its stake in shares of Global X FTSE Southeast Asia ETF by 5.0% in the third quarter. Algorithmic Investment Models LLC now owns 62,762 shares of the company’s stock valued at $1,073,000 after buying an additional 2,961 shares during the period. Cetera Investment Advisers boosted its position in shares of Global X FTSE Southeast Asia ETF by 3.2% during the 2nd quarter. Cetera Investment Advisers now owns 116,914 shares of the company’s stock worth $1,907,000 after acquiring an additional 3,634 shares in the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of Global X FTSE Southeast Asia ETF in the 4th quarter valued at approximately $80,000.

Global X FTSE Southeast Asia ETF Company Profile

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.