VanEck China Bond ETF (NYSEARCA:CBON) Sees Large Increase in Short Interest

VanEck China Bond ETF (NYSEARCA:CBONGet Free Report) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 883 shares, an increase of 73.8% from the January 15th total of 508 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 3,460 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 3,460 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

VanEck China Bond ETF Stock Down 0.0%

Shares of CBON stock traded down $0.01 during mid-day trading on Friday, reaching $23.19. The stock had a trading volume of 2,148 shares, compared to its average volume of 4,122. The firm has a market cap of $18.55 million, a PE ratio of -178.38 and a beta of 0.12. VanEck China Bond ETF has a one year low of $21.34 and a one year high of $23.24. The firm’s 50 day simple moving average is $22.88 and its 200 day simple moving average is $22.55.

VanEck China Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0311 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 1.6%. VanEck China Bond ETF’s payout ratio is currently -292.31%.

Hedge Funds Weigh In On VanEck China Bond ETF

A hedge fund recently bought a new stake in VanEck China Bond ETF stock. Kestra Advisory Services LLC acquired a new stake in VanEck China Bond ETF (NYSEARCA:CBONFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,142 shares of the company’s stock, valued at approximately $26,000. Kestra Advisory Services LLC owned approximately 0.14% of VanEck China Bond ETF at the end of the most recent quarter. 14.60% of the stock is currently owned by institutional investors and hedge funds.

About VanEck China Bond ETF

(Get Free Report)

The VanEck China Bond ETF (CBON) is an exchange-traded fund that is based on the ChinaBond China High Quality Bond index. The fund tracks an investment-grade, broad-maturity government\u002Fcredit onshore RMB-denominated China bond index. CBON was launched on Nov 10, 2014 and is managed by VanEck.

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