Short Interest in VanEck Israel ETF (NYSEARCA:ISRA) Expands By 84.0%
by Jessica Moore · The Cerbat GemVanEck Israel ETF (NYSEARCA:ISRA – Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 11,842 shares, an increase of 84.0% from the March 15th total of 6,436 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 6,810 shares, the days-to-cover ratio is presently 1.7 days.
Institutional Investors Weigh In On VanEck Israel ETF
Several large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in shares of VanEck Israel ETF by 18.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock worth $66,000 after acquiring an additional 187 shares in the last quarter. Common Fund For Nonprofit Organizations boosted its position in shares of VanEck Israel ETF by 1.4% in the fourth quarter. Common Fund For Nonprofit Organizations now owns 18,518 shares of the company’s stock worth $1,089,000 after buying an additional 263 shares during the period. Cetera Investment Advisers boosted its position in shares of VanEck Israel ETF by 6.0% in the fourth quarter. Cetera Investment Advisers now owns 5,575 shares of the company’s stock worth $328,000 after buying an additional 318 shares during the period. IFP Advisors Inc boosted its position in shares of VanEck Israel ETF by 241.9% in the fourth quarter. IFP Advisors Inc now owns 653 shares of the company’s stock worth $38,000 after buying an additional 462 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of VanEck Israel ETF by 3.4% in the third quarter. Bank of America Corp DE now owns 13,918 shares of the company’s stock worth $760,000 after buying an additional 462 shares during the period.
VanEck Israel ETF Price Performance
Shares of ISRA traded up $1.02 during trading hours on Tuesday, hitting $65.64. 12,507 shares of the company were exchanged, compared to its average volume of 10,819. The company has a market capitalization of $149.66 million, a PE ratio of 14.88 and a beta of 1.00. The firm has a fifty day simple moving average of $62.88 and a 200-day simple moving average of $59.80. VanEck Israel ETF has a one year low of $40.47 and a one year high of $65.91.
VanEck Israel ETF Company Profile
The VanEck Israel ETF (ISRA) is an exchange-traded fund that is based on the BlueStar Israel Global index. The fund tracks a cap-weighted, committee-reviewed index of Israeli and Israeli-linked companies. ISRA was launched on Jun 25, 2013 and is managed by VanEck.