Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Rises By 264.0%

by · The Markets Daily

VanEck China Bond ETF (NYSEARCA:CBON – Get Free Report) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 859 shares, a growth of 264.0% from the November 30th total of 236 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,661 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 1,661 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

VanEck China Bond ETF Trading Up 0.3%

CBON stock traded up $0.06 during mid-day trading on Friday, reaching $22.85. The company’s stock had a trading volume of 5,170 shares, compared to its average volume of 2,217. VanEck China Bond ETF has a fifty-two week low of $21.34 and a fifty-two week high of $22.90. The stock has a market cap of $18.28 million, a PE ratio of -175.77 and a beta of 0.12. The company’s 50 day moving average is $22.53 and its two-hundred day moving average is $22.40.

Institutional Investors Weigh In On VanEck China Bond ETF

An institutional investor recently raised its position in VanEck China Bond ETF stock. Susquehanna International Group LLP boosted its position in shares of VanEck China Bond ETF (NYSEARCA:CBON – Free Report) by 2.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. 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 about 4.93% of VanEck China Bond ETF worth $883,000 as of its most recent SEC filing. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

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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