VanEck China Bond ETF (NYSEARCA:CBON) Short Interest Up 264.0% in December

VanEck China Bond ETF (NYSEARCA:CBON) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 859 shares, a growth of 264.0% from the November 30th total of 236 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,661 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 1,661 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VanEck China Bond ETF stock. Susquehanna International Group LLP boosted its stake in VanEck China Bond ETF (NYSEARCA:CBON) by 2.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,435 shares of the company’s stock after purchasing an additional 815 shares during the quarter. Susquehanna International Group LLP owned about 4.93% of VanEck China Bond ETF worth $883,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 14.60% of the company’s stock.

VanEck China Bond ETF Stock Up 0.3%

Shares of CBON stock traded up $0.06 on Friday, reaching $22.85. The company’s stock had a trading volume of 5,170 shares, compared to its average volume of 2,217. The company has a market capitalization of $18.28 million, a P/E ratio of -175.77 and a beta of 0.12. VanEck China Bond ETF has a 12-month low of $21.34 and a 12-month high of $22.90. The stock’s 50 day simple moving average is $22.53 and its 200-day simple moving average is $22.40.

VanEck China Bond ETF Company Profile

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.