Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Shares Shorted: Short Interest Down 64.0% in October

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 19,803 shares, a decrease of 64.0% from the September 30th total of 55,035 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 42,055 shares, the short-interest ratio is currently 0.5 days.

Global X FTSE Southeast Asia ETF Stock Performance

ASEA stock traded down $0.13 during midday trading on Friday, reaching $19.84. 43,188 shares of the company were exchanged, compared to its average volume of 37,275. Global X FTSE Southeast Asia ETF has a 1-year low of $17.61 and a 1-year high of $22.06. The stock’s 50-day simple moving average is $20.96 and its 200 day simple moving average is $20.25. The company has a market cap of $92.45 million, a price-to-earnings ratio of 12.26 and a beta of 0.43.

Institutional Investors Weigh In On Global X FTSE Southeast Asia ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ASEA. Boothe Investment Group Inc. increased its holdings in shares of Global X FTSE Southeast Asia ETF by 4.7% in the 3rd quarter. Boothe Investment Group Inc. now owns 790,544 shares of the company’s stock valued at $16,570,000 after acquiring an additional 35,502 shares during the period. Cetera Investment Advisers boosted its stake in Global X FTSE Southeast Asia ETF by 2.6% during the 1st quarter. Cetera Investment Advisers now owns 139,842 shares of the company’s stock worth $2,717,000 after purchasing an additional 3,606 shares during the period. Royal Bank of Canada boosted its stake in Global X FTSE Southeast Asia ETF by 51.4% during the 1st quarter. Royal Bank of Canada now owns 86,919 shares of the company’s stock worth $1,688,000 after purchasing an additional 29,507 shares during the period. Bank of America Corp DE boosted its stake in Global X FTSE Southeast Asia ETF by 16.4% during the 1st quarter. Bank of America Corp DE now owns 41,281 shares of the company’s stock worth $802,000 after purchasing an additional 5,827 shares during the period. Finally, ES4 LLC grew its position in Global X FTSE Southeast Asia ETF by 2.0% during the 1st quarter. ES4 LLC now owns 33,130 shares of the company’s stock worth $644,000 after purchasing an additional 642 shares during the last quarter.

About Global X FTSE Southeast Asia ETF

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.