Short Interest in VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Drops By 85.9%

VanEck India Growth Leaders ETF (NYSEARCA:GLIN) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 417 shares, a drop of 85.9% from the July 15th total of 2,953 shares. Based on an average daily trading volume, of 9,172 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On VanEck India Growth Leaders ETF

Several institutional investors have recently modified their holdings of GLIN. Royal Bank of Canada grew its stake in shares of VanEck India Growth Leaders ETF by 11.1% in the fourth quarter. Royal Bank of Canada now owns 3,865 shares of the company’s stock valued at $178,000 after buying an additional 387 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in VanEck India Growth Leaders ETF by 1.8% in the 4th quarter. Farther Finance Advisors LLC now owns 96,770 shares of the company’s stock worth $4,461,000 after acquiring an additional 1,700 shares during the period. Kickstand Ventures LLC. boosted its holdings in VanEck India Growth Leaders ETF by 2.4% in the 4th quarter. Kickstand Ventures LLC. now owns 88,434 shares of the company’s stock worth $4,077,000 after acquiring an additional 2,092 shares during the period. Osaic Holdings Inc. grew its position in VanEck India Growth Leaders ETF by 21.7% in the second quarter. Osaic Holdings Inc. now owns 12,304 shares of the company’s stock valued at $577,000 after acquiring an additional 2,198 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of VanEck India Growth Leaders ETF by 2.7% during the fourth quarter. LPL Financial LLC now owns 109,908 shares of the company’s stock valued at $5,067,000 after purchasing an additional 2,914 shares during the period.

VanEck India Growth Leaders ETF Price Performance

Shares of GLIN stock traded up $0.12 during trading on Wednesday, reaching $46.11. The company’s stock had a trading volume of 5,447 shares, compared to its average volume of 62,553. The company has a market capitalization of $95.91 million, a price-to-earnings ratio of 15.62 and a beta of 0.69. The stock’s 50-day moving average price is $45.51 and its 200 day moving average price is $44.88. VanEck India Growth Leaders ETF has a 1-year low of $38.71 and a 1-year high of $47.94.

VanEck India Growth Leaders ETF Company Profile

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.