VanEck Israel ETF (NYSEARCA:ISRA) Short Interest Up 84.0% in March

VanEck Israel ETF (NYSEARCA:ISRA) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 11,842 shares, a growth of 84.0% from the March 15th total of 6,436 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 6,810 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of VanEck Israel ETF

A number of hedge funds have recently added to or reduced their stakes in ISRA. Jones Financial Companies Lllp lifted its stake in 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 worth $547,000 after acquiring an additional 11,888 shares during the period. Jane Street Group LLC lifted its stake in VanEck Israel ETF by 203.6% in the first quarter. Jane Street Group LLC now owns 21,494 shares of the company’s stock worth $907,000 after acquiring an additional 14,415 shares during the period. Cetera Investment Advisers purchased a new stake in VanEck Israel ETF in the second quarter worth about $220,000. Bank of America Corp DE lifted its stake in VanEck Israel ETF by 19.0% in the second quarter. Bank of America Corp DE now owns 13,456 shares of the company’s stock worth $697,000 after acquiring an additional 2,151 shares during the period. Finally, Tidal Investments LLC lifted its stake in VanEck Israel ETF by 5.3% in the second quarter. Tidal Investments LLC now owns 51,144 shares of the company’s stock worth $2,651,000 after acquiring an additional 2,563 shares during the period.

VanEck Israel ETF Price Performance

NYSEARCA:ISRA opened at $64.30 on Monday. VanEck Israel ETF has a 1-year low of $40.47 and a 1-year high of $65.54. The company has a 50-day moving average of $62.82 and a 200 day moving average of $59.62. The firm has a market cap of $146.60 million, a PE ratio of 14.88 and a beta of 1.00.

About VanEck Israel ETF

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.