VanEck Digital India ETF (NYSEARCA:DGIN) Short Interest Down 19.4% in December

VanEck Digital India ETF (NYSEARCA:DGIN) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 9,243 shares, a decline of 19.4% from the November 30th total of 11,467 shares. Approximately 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,968 shares, the short-interest ratio is currently 4.7 days. Based on an average daily trading volume, of 1,968 shares, the short-interest ratio is currently 4.7 days. Approximately 2.1% of the shares of the company are short sold.

VanEck Digital India ETF Price Performance

DGIN opened at $40.94 on Friday. The stock’s 50 day moving average price is $41.94 and its 200 day moving average price is $41.98. The stock has a market cap of $18.42 million, a P/E ratio of 40.34 and a beta of 0.63. VanEck Digital India ETF has a 12 month low of $35.10 and a 12 month high of $45.08.

Institutional Investors Weigh In On VanEck Digital India ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DGIN. Jane Street Group LLC grew its position in VanEck Digital India ETF by 344.6% in the 1st quarter. Jane Street Group LLC now owns 21,711 shares of the company’s stock valued at $847,000 after buying an additional 16,828 shares in the last quarter. Flagstar Advisors Inc. raised its position in shares of VanEck Digital India ETF by 2.9% during the 2nd quarter. Flagstar Advisors Inc. now owns 8,963 shares of the company’s stock worth $396,000 after buying an additional 251 shares in the last quarter. Accurate Wealth Management LLC acquired a new stake in shares of VanEck Digital India ETF in the 2nd quarter worth approximately $343,000. Assetmark Inc. boosted its holdings in shares of VanEck Digital India ETF by 19.0% in the second quarter. Assetmark Inc. now owns 26,514 shares of the company’s stock valued at $1,173,000 after acquiring an additional 4,225 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of VanEck Digital India ETF by 887.2% during the second quarter. Osaic Holdings Inc. now owns 3,534 shares of the company’s stock valued at $156,000 after acquiring an additional 3,176 shares during the period.

About VanEck Digital India ETF

The VanEck Digital India ETF (DGIN) is an exchange-traded fund that is based on the MVIS Digital India index. The fund tracks a market cap-weighted index of Indian companies that are involved in the digitalization of India’s economy. DGIN was launched on Feb 15, 2022 and is managed by VanEck.