VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Short Interest Down 49.4% in May

VanEck India Growth Leaders ETF (NYSEARCA:GLINGet Free Report) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,434 shares, a decrease of 49.4% from the May 14th total of 4,812 shares. Based on an average daily trading volume, of 8,002 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

VanEck India Growth Leaders ETF Stock Up 1.5%

GLIN opened at $45.37 on Friday. The stock’s fifty day moving average is $44.72 and its two-hundred day moving average is $44.94. The company has a market capitalization of $100.72 million, a P/E ratio of 15.62 and a beta of 0.69. VanEck India Growth Leaders ETF has a 52 week low of $38.71 and a 52 week high of $48.39.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada boosted its position in VanEck India Growth Leaders ETF by 11.1% during the 4th quarter. Royal Bank of Canada now owns 3,865 shares of the company’s stock valued at $178,000 after acquiring an additional 387 shares in the last quarter. J. Safra Sarasin Holding AG bought a new stake in VanEck India Growth Leaders ETF during the 1st quarter valued at $264,000. Ascent Advisors LLC bought a new stake in VanEck India Growth Leaders ETF during the 1st quarter valued at $302,000. Susquehanna International Group LLP bought a new stake in VanEck India Growth Leaders ETF during the 3rd quarter valued at $477,000. Finally, Osaic Holdings Inc. boosted its position in VanEck India Growth Leaders ETF by 21.7% during the 2nd quarter. Osaic Holdings Inc. now owns 12,304 shares of the company’s stock valued at $577,000 after acquiring an additional 2,198 shares in the last quarter.

About VanEck India Growth Leaders ETF

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The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.

Further Reading

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