VanEck Israel ETF (NYSEARCA:ISRA) Short Interest Update

VanEck Israel ETF (NYSEARCA:ISRA) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 29,277 shares, a growth of 24.3% from the December 15th total of 23,550 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average trading volume of 10,143 shares, the days-to-cover ratio is currently 2.9 days. Based on an average trading volume of 10,143 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.4% of the shares of the company are sold short.

Hedge Funds Weigh In On VanEck Israel ETF

Institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its stake in shares of VanEck Israel ETF by 36.0% in the second quarter. Farther Finance Advisors LLC now owns 1,020 shares of the company’s stock valued at $53,000 after buying an additional 270 shares during the period. Analyst IMS Investment Management Services Ltd. grew its stake in shares of VanEck Israel ETF by 11.8% during the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 9,541 shares of the company’s stock worth $495,000 after acquiring an additional 1,010 shares during the period. Bessemer Group Inc. purchased a new stake in VanEck Israel ETF in the 2nd quarter worth about $58,000. Citadel Advisors LLC purchased a new stake in VanEck Israel ETF in the 3rd quarter worth about $313,000. Finally, NCM Capital Management LLC bought a new stake in VanEck Israel ETF in the 3rd quarter valued at about $205,000.

VanEck Israel ETF Stock Down 0.2%

VanEck Israel ETF stock traded down $0.11 during mid-day trading on Friday, reaching $63.03. 9,926 shares of the company’s stock were exchanged, compared to its average volume of 13,830. The business’s fifty day simple moving average is $58.89 and its 200 day simple moving average is $54.87. VanEck Israel ETF has a one year low of $38.24 and a one year high of $63.57. The firm has a market capitalization of $132.36 million, a PE ratio of 14.88 and a beta of 1.01.

About VanEck Israel ETF

The VanEck Israel ETF (ISRA) is an exchange-traded fund that is based on the BlueStar Israel Global index. The fund tracks a cap-weighted, committee-reviewed index of Israeli and Israeli-linked companies. ISRA was launched on Jun 25, 2013 and is managed by VanEck.