Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Short Interest Down 16.7% in April

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 9,052 shares, a decrease of 16.7% from the March 31st total of 10,862 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 14,811 shares, the days-to-cover ratio is currently 0.6 days.

Global X MSCI Vietnam ETF Price Performance

Shares of NYSEARCA VNAM traded up $0.26 during trading hours on Friday, hitting $26.21. 33,542 shares of the stock were exchanged, compared to its average volume of 19,921. Global X MSCI Vietnam ETF has a one year low of $15.55 and a one year high of $26.25. The firm has a market capitalization of $36.17 million, a P/E ratio of 14.33 and a beta of 0.92. The company’s 50 day moving average is $23.96 and its 200 day moving average is $24.09.

Hedge Funds Weigh In On Global X MSCI Vietnam ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. ES4 LLC acquired a new position in Global X MSCI Vietnam ETF during the 4th quarter valued at about $834,000. Meridian Wealth Management LLC bought a new position in Global X MSCI Vietnam ETF during the fourth quarter worth about $285,000. Farther Finance Advisors LLC bought a new stake in shares of Global X MSCI Vietnam ETF during the fourth quarter worth $29,000. Osaic Holdings Inc. lifted 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 acquiring an additional 7,400 shares in the last quarter. Finally, Jane Street Group LLC increased its position in shares of Global X MSCI Vietnam ETF by 35.2% during the 2nd quarter. Jane Street Group LLC now owns 36,512 shares of the company’s stock worth $640,000 after purchasing an additional 9,500 shares during the last quarter.

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.