VanEck Israel ETF (NYSEARCA:ISRA) Short Interest Update

VanEck Israel ETF (NYSEARCA:ISRA) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 42,814 shares, an increase of 24.8% from the January 15th total of 34,301 shares. Based on an average trading volume of 10,211 shares, the days-to-cover ratio is presently 4.2 days. Currently, 2.0% of the company’s stock are sold short. Currently, 2.0% of the company’s stock are sold short. Based on an average trading volume of 10,211 shares, the days-to-cover ratio is presently 4.2 days.

VanEck Israel ETF Trading Down 0.6%

ISRA stock traded down $0.38 during midday trading on Monday, hitting $63.90. 8,639 shares of the company’s stock were exchanged, compared to its average volume of 12,588. The firm has a 50 day moving average price of $61.67 and a 200-day moving average price of $56.44. VanEck Israel ETF has a 12-month low of $38.24 and a 12-month high of $65.54. The stock has a market capitalization of $135.47 million, a price-to-earnings ratio of 14.88 and a beta of 1.01.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc lifted its holdings in shares of VanEck Israel ETF by 241.9% in the 4th quarter. IFP Advisors Inc now owns 653 shares of the company’s stock worth $38,000 after purchasing an additional 462 shares during the last quarter. Bessemer Group Inc. bought a new stake in shares of VanEck Israel ETF during the 2nd quarter worth about $58,000. Farther Finance Advisors LLC lifted its stake in shares of VanEck Israel ETF by 18.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock worth $66,000 after acquiring an additional 187 shares during the period. Kestra Advisory Services LLC bought a new position in shares of VanEck Israel ETF in the fourth quarter valued at approximately $75,000. Finally, Mark Sheptoff Financial Planning LLC bought a new position in shares of VanEck Israel ETF in the fourth quarter valued at approximately $76,000.

VanEck Israel ETF Company Profile

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.