Short Interest in VanEck Israel ETF (NYSEARCA:ISRA) Grows By 56.8%

VanEck Israel ETF (NYSEARCA:ISRA) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 6,900 shares, a growth of 56.8% from the September 30th total of 4,400 shares. Based on an average daily trading volume, of 10,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,000 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ISRA. Partners Capital Investment Group LLP grew its position in VanEck Israel ETF by 100.0% during the first quarter. Partners Capital Investment Group LLP now owns 290,246 shares of the company’s stock worth $12,244,000 after buying an additional 145,123 shares during the period. Jane Street Group LLC lifted its holdings in shares of VanEck Israel ETF by 203.6% in the first quarter. Jane Street Group LLC now owns 21,494 shares of the company’s stock valued at $907,000 after purchasing an additional 14,415 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of VanEck Israel ETF by 1,095.7% in the first quarter. Jones Financial Companies Lllp now owns 12,973 shares of the company’s stock valued at $547,000 after purchasing an additional 11,888 shares in the last quarter. Whitaker Myers Wealth Managers LTD. lifted its holdings in shares of VanEck Israel ETF by 4.0% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 304,754 shares of the company’s stock valued at $15,796,000 after purchasing an additional 11,666 shares in the last quarter. Finally, Ackerman Asset Management LLC purchased a new stake in shares of VanEck Israel ETF in the first quarter valued at about $287,000.

VanEck Israel ETF Trading Up 0.9%

Shares of ISRA opened at $55.84 on Tuesday. The firm’s 50-day moving average is $53.61 and its two-hundred day moving average is $50.39. VanEck Israel ETF has a twelve month low of $38.24 and a twelve month high of $56.29. The firm has a market capitalization of $113.36 million, a P/E ratio of 14.88 and a beta of 1.01.

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.