Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Increases By 73.8%

VanEck China Bond ETF (NYSEARCA:CBON) was the target 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. Based on an average daily volume of 3,460 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 3,460 shares, the short-interest ratio is currently 0.3 days.

VanEck China Bond ETF Price Performance

NYSEARCA:CBON traded down $0.01 during trading hours on Friday, reaching $23.19. 2,148 shares of the company traded hands, compared to its average volume of 4,122. The firm’s 50-day moving average is $22.88 and its 200-day moving average is $22.55. The stock has a market cap of $18.55 million, a P/E ratio of -178.38 and a beta of 0.12. VanEck China Bond ETF has a 1-year low of $21.34 and a 1-year high of $23.24.

VanEck China Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0311 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 1.6%. VanEck China Bond ETF’s payout ratio is presently -292.31%.

Hedge Funds Weigh In On VanEck China Bond ETF

A hedge fund recently raised its stake in VanEck China Bond ETF stock. Susquehanna International Group LLP boosted its holdings in VanEck China Bond ETF (NYSEARCA:CBON) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,435 shares of the company’s stock after buying an additional 815 shares during the period. Susquehanna International Group LLP owned 4.93% of VanEck China Bond ETF worth $883,000 at the end of the most recent reporting period. Institutional investors own 14.60% of the company’s stock.

About VanEck China Bond ETF

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.