Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Declines By 91.5%

by · The Cerbat Gem

VanEck China Bond ETF (NYSEARCA:CBON – Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 286 shares, a decrease of 91.5% from the April 15th total of 3,350 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,693 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC acquired a new position in VanEck China Bond ETF during the 4th quarter valued at about $26,000. Rockefeller Capital Management L.P. grew its position in VanEck China Bond ETF by 426.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock valued at $138,000 after buying an additional 4,889 shares in the last quarter. Susquehanna International Group LLP grew its position in VanEck China Bond ETF by 2.1% in the 3rd quarter. Susquehanna International Group LLP now owns 39,435 shares of the company’s stock valued at $883,000 after buying an additional 815 shares in the last quarter. Finally, OLD Mission Capital LLC grew its position in VanEck China Bond ETF by 23.8% in the 4th quarter. OLD Mission Capital LLC now owns 51,213 shares of the company’s stock valued at $1,170,000 after buying an additional 9,858 shares in the last quarter. 14.60% of the stock is owned by institutional investors and hedge funds.

VanEck China Bond ETF Trading Down 0.1%

VanEck China Bond ETF stock traded down $0.02 during midday trading on Monday, reaching $23.71. 7,129 shares of the stock traded hands, compared to its average volume of 5,215. The firm has a fifty day moving average price of $23.40 and a two-hundred day moving average price of $22.99. The firm has a market cap of $21.34 million, a price-to-earnings ratio of -182.38 and a beta of 0.11. VanEck China Bond ETF has a fifty-two week low of $22.11 and a fifty-two week high of $23.76.

VanEck China Bond ETF Company Profile

(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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