Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Short Interest Update

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 5,819 shares, a decrease of 47.1% from the July 30th total of 11,002 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 4,676 shares, the short-interest ratio is currently 1.2 days.

Global X MSCI Vietnam ETF Price Performance

Shares of VNAM traded up $0.08 during midday trading on Friday, hitting $24.83. The stock had a trading volume of 10,051 shares, compared to its average volume of 15,534. The firm has a market cap of $36.75 million, a price-to-earnings ratio of 14.33 and a beta of 0.90. The company has a 50 day simple moving average of $24.14 and a two-hundred day simple moving average of $24.44. Global X MSCI Vietnam ETF has a twelve month low of $21.50 and a twelve month high of $27.45.

Institutional Investors Weigh In On Global X MSCI Vietnam ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new stake in Global X MSCI Vietnam ETF in the 4th quarter valued at approximately $29,000. Continuum Advisory LLC bought a new position in shares of Global X MSCI Vietnam ETF during the 2nd quarter worth approximately $48,000. Osaic Holdings Inc. grew its stake in shares of Global X MSCI Vietnam ETF by 7,400.0% during the 2nd quarter. Osaic Holdings Inc. now owns 7,500 shares of the company’s stock worth $131,000 after acquiring an additional 7,400 shares in the last quarter. Meridian Wealth Management LLC acquired a new position in Global X MSCI Vietnam ETF during the fourth quarter worth $285,000. Finally, Jane Street Group LLC grew 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 valued at $640,000 after purchasing an additional 9,500 shares in the last quarter.

Global X MSCI Vietnam ETF Company Profile

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.