Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Short Interest Update

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 88,181 shares, an increase of 97.8% from the February 26th total of 44,592 shares. Based on an average daily trading volume, of 60,764 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Boothe Investment Group Inc. increased its holdings in Global X FTSE Southeast Asia ETF by 2.8% in the fourth quarter. Boothe Investment Group Inc. now owns 751,426 shares of the company’s stock valued at $13,773,000 after buying an additional 20,554 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Global X FTSE Southeast Asia ETF by 7.3% in the 4th quarter. Cetera Investment Advisers now owns 136,236 shares of the company’s stock worth $2,497,000 after acquiring an additional 9,233 shares during the period. Barry Investment Advisors LLC grew its holdings in shares of Global X FTSE Southeast Asia ETF by 0.7% in the 3rd quarter. Barry Investment Advisors LLC now owns 100,298 shares of the company’s stock worth $1,714,000 after acquiring an additional 719 shares during the period. Algorithmic Investment Models LLC increased its stake in Global X FTSE Southeast Asia ETF by 5.0% in the 3rd quarter. Algorithmic Investment Models LLC now owns 62,762 shares of the company’s stock valued at $1,073,000 after purchasing an additional 2,961 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Global X FTSE Southeast Asia ETF by 17.4% during the second quarter. Jane Street Group LLC now owns 54,716 shares of the company’s stock worth $892,000 after purchasing an additional 8,096 shares during the last quarter.

Global X FTSE Southeast Asia ETF Stock Performance

Global X FTSE Southeast Asia ETF stock traded down $0.05 during midday trading on Friday, reaching $19.11. The company’s stock had a trading volume of 21,594 shares, compared to its average volume of 61,368. The firm has a market capitalization of $86.95 million, a PE ratio of 12.26 and a beta of 0.58. Global X FTSE Southeast Asia ETF has a fifty-two week low of $13.68 and a fifty-two week high of $20.70. The stock’s 50 day simple moving average is $19.64 and its 200 day simple moving average is $18.53.

Global X FTSE Southeast Asia ETF Company Profile

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.