Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Grows By 23.6%

VanEck China Bond ETF (NYSEARCA:CBONGet Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 508 shares, an increase of 23.6% from the December 31st total of 411 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 2,381 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 2,381 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

VanEck China Bond ETF Price Performance

Shares of CBON opened at $23.04 on Tuesday. The stock has a 50-day moving average of $22.78 and a 200-day moving average of $22.51. The company has a market cap of $18.43 million, a PE ratio of -177.23 and a beta of 0.12. VanEck China Bond ETF has a one year low of $21.34 and a one year high of $23.09.

VanEck China Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be given a $0.0311 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 1.6%. VanEck China Bond ETF’s dividend payout ratio (DPR) is presently -292.31%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VanEck China Bond ETF stock. Susquehanna International Group LLP lifted its holdings in shares of VanEck China Bond ETF (NYSEARCA:CBONFree Report) by 2.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,435 shares of the company’s stock after acquiring an additional 815 shares during the period. Susquehanna International Group LLP owned approximately 4.93% of VanEck China Bond ETF worth $883,000 at the end of the most recent reporting period. 14.60% of the stock is currently owned by institutional investors and hedge funds.

About VanEck China Bond ETF

(Get Free Report)

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.

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