VanEck Israel ETF (NYSEARCA:ISRA) Short Interest Update

VanEck Israel ETF (NYSEARCA:ISRA) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 23,550 shares, a growth of 1,573.8% from the November 30th total of 1,407 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 8,397 shares, the short-interest ratio is currently 2.8 days. Based on an average trading volume of 8,397 shares, the short-interest ratio is currently 2.8 days. Currently, 1.2% of the shares of the company are sold short.

VanEck Israel ETF Stock Performance

Shares of VanEck Israel ETF stock traded up $0.23 during trading on Wednesday, hitting $60.46. 8,654 shares of the company’s stock were exchanged, compared to its average volume of 7,488. The stock has a market capitalization of $122.73 million, a price-to-earnings ratio of 14.88 and a beta of 1.01. The business has a 50-day simple moving average of $56.77 and a 200-day simple moving average of $53.45. VanEck Israel ETF has a 52-week low of $38.24 and a 52-week high of $60.83.

Hedge Funds Weigh In On VanEck Israel ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in VanEck Israel ETF by 36.0% during the second quarter. Farther Finance Advisors LLC now owns 1,020 shares of the company’s stock worth $53,000 after acquiring an additional 270 shares during the period. Bessemer Group Inc. purchased a new stake in VanEck Israel ETF in the 2nd quarter worth approximately $58,000. Jones Financial Companies Lllp boosted its position in VanEck Israel ETF by 56.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,975 shares of the company’s stock worth $104,000 after purchasing an additional 710 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new stake in shares of VanEck Israel ETF during the 3rd quarter worth approximately $113,000. Finally, NCM Capital Management LLC purchased a new position in shares of VanEck Israel ETF during the 3rd quarter valued at approximately $205,000.

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.