Global X MSCI Vietnam ETF (NYSEARCA:VNAM) Short Interest Update

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 13,203 shares, a decline of 66.1% from the May 31st total of 38,960 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,233 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of Global X MSCI Vietnam ETF

Several large investors have recently modified their holdings of VNAM. Farther Finance Advisors LLC acquired a new position in shares of Global X MSCI Vietnam ETF during the 4th quarter worth approximately $29,000. Osaic Holdings Inc. grew its holdings in Global X MSCI Vietnam ETF by 7,400.0% during the 2nd quarter. Osaic Holdings Inc. now owns 7,500 shares of the company’s stock valued at $131,000 after buying an additional 7,400 shares during the last quarter. Meridian Wealth Management LLC purchased a new position in Global X MSCI Vietnam ETF during the fourth quarter worth $285,000. ES4 LLC purchased a new position in Global X MSCI Vietnam ETF during the fourth quarter worth $834,000. Finally, Jane Street Group LLC raised its holdings in shares of Global X MSCI Vietnam ETF by 35.2% in the second quarter. Jane Street Group LLC now owns 36,512 shares of the company’s stock worth $640,000 after acquiring an additional 9,500 shares during the last quarter.

Global X MSCI Vietnam ETF Stock Performance

NYSEARCA VNAM traded up $0.12 during trading hours on Tuesday, reaching $25.20. The company’s stock had a trading volume of 5,551 shares, compared to its average volume of 17,547. The stock has a market cap of $34.78 million, a PE ratio of 14.33 and a beta of 0.90. Global X MSCI Vietnam ETF has a fifty-two week low of $17.30 and a fifty-two week high of $27.45. The company’s 50-day moving average is $25.54 and its two-hundred day moving average is $24.69.

Global X MSCI Vietnam ETF Company Profile

The Global X MSCI Vietnam ETF (VNAM) is an exchange-traded fund that is based on the MSCI Vietnam IMI Select 25\u002F50 index. The fund tracks a broad index of large- to small-cap equities from Vietnam, selected and weighted by their free-float market capitalization. VNAM was launched on Dec 7, 2021 and is managed by Global X.