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

Global X MSCI Vietnam ETF (NYSEARCA:VNAM) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 5,819 shares, a decline of 47.1% from the July 30th total of 11,002 shares. Based on an average trading volume of 4,676 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the company’s shares are sold short.

Global X MSCI Vietnam ETF Price Performance

Shares of VNAM stock traded up $0.08 during trading hours on Friday, reaching $24.83. The company had a trading volume of 10,051 shares, compared to its average volume of 15,534. The company has a 50 day moving average of $24.14 and a 200 day moving average of $24.44. The firm has a market cap of $36.75 million, a price-to-earnings ratio of 14.33 and a beta of 0.90. Global X MSCI Vietnam ETF has a 1-year low of $21.50 and a 1-year high of $27.45.

Institutional Investors Weigh In On Global X MSCI Vietnam ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new position in Global X MSCI Vietnam ETF during the fourth quarter worth about $29,000. Continuum Advisory LLC bought a new position in Global X MSCI Vietnam ETF during the 2nd quarter worth approximately $48,000. Osaic Holdings Inc. grew its holdings in Global X MSCI Vietnam ETF by 7,400.0% during the second quarter. Osaic Holdings Inc. now owns 7,500 shares of the company’s stock valued at $131,000 after purchasing an additional 7,400 shares during the period. Meridian Wealth Management LLC acquired a new position in Global X MSCI Vietnam ETF during the fourth quarter valued at approximately $285,000. Finally, Jane Street Group LLC increased its stake in 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 valued at $640,000 after purchasing an additional 9,500 shares in the last quarter.

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.