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

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 13,203 shares, a decrease of 66.1% from the May 31st total of 38,960 shares. Based on an average daily trading volume, of 11,233 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.0% of the company’s stock are sold short.

Institutional Trading of Global X MSCI Vietnam ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. ES4 LLC purchased a new position in Global X MSCI Vietnam ETF during the fourth quarter worth about $834,000. Meridian Wealth Management LLC bought a new stake in Global X MSCI Vietnam ETF in the 4th quarter worth about $285,000. Jane Street Group LLC increased its stake in Global X MSCI Vietnam ETF by 35.2% in the 2nd quarter. Jane Street Group LLC now owns 36,512 shares of the company’s stock valued at $640,000 after buying an additional 9,500 shares during the last quarter. Osaic Holdings Inc. increased its stake in Global X MSCI Vietnam ETF by 7,400.0% in the 2nd quarter. Osaic Holdings Inc. now owns 7,500 shares of the company’s stock valued at $131,000 after buying an additional 7,400 shares during the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of Global X MSCI Vietnam ETF during the 4th quarter worth approximately $29,000.

Global X MSCI Vietnam ETF Stock Down 0.9%

NYSEARCA:VNAM traded down $0.23 during trading hours on Friday, hitting $24.81. 14,427 shares of the company traded hands, compared to its average volume of 17,765. The firm’s 50-day simple moving average is $25.55 and its 200-day simple moving average is $24.69. Global X MSCI Vietnam ETF has a one year low of $17.30 and a one year high of $27.45. The company has a market cap of $34.24 million, a PE ratio of 14.33 and a beta of 0.90.

About Global X MSCI Vietnam ETF

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.