Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Expands By 23.6%

VanEck China Bond ETF (NYSEARCA:CBON) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 508 shares, a growth of 23.6% from the December 31st total of 411 shares. Based on an average daily trading volume, of 2,381 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,381 shares, the short-interest ratio is presently 0.2 days.

VanEck China Bond ETF Stock Performance

Shares of NYSEARCA:CBON opened at $23.02 on Wednesday. The business’s 50-day simple moving average is $22.79 and its 200 day simple moving average is $22.51. The company has a market cap of $18.42 million, a P/E ratio of -177.08 and a beta of 0.12. VanEck China Bond ETF has a one year low of $21.34 and a one year high of $23.09.

VanEck China Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.0311 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. VanEck China Bond ETF’s dividend payout ratio (DPR) is currently -292.31%.

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 increased its position in shares of VanEck China Bond ETF (NYSEARCA:CBON) by 2.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,435 shares of the company’s stock after buying an additional 815 shares during the period. Susquehanna International Group LLP owned about 4.93% of VanEck China Bond ETF worth $883,000 at the end of the most recent reporting period. 14.60% of the stock is owned by institutional investors and hedge funds.

About VanEck China Bond ETF

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.