Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Short Interest Down 62.3% in January

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 14,895 shares, a decrease of 62.3% from the January 15th total of 39,473 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 107,828 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 107,828 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Global X FTSE Southeast Asia ETF

Several institutional investors have recently modified their holdings of ASEA. TD Waterhouse Canada Inc. bought a new stake in Global X FTSE Southeast Asia ETF in the 4th quarter valued at about $80,000. Bank of America Corp DE increased its stake in shares of Global X FTSE Southeast Asia ETF by 90.6% in the second quarter. Bank of America Corp DE now owns 7,463 shares of the company’s stock valued at $122,000 after purchasing an additional 3,548 shares during the period. Moneco Advisors LLC acquired a new stake in shares of Global X FTSE Southeast Asia ETF in the fourth quarter valued at approximately $550,000. Jane Street Group LLC boosted its position in shares of Global X FTSE Southeast Asia ETF by 17.4% during the second quarter. Jane Street Group LLC now owns 54,716 shares of the company’s stock worth $892,000 after buying an additional 8,096 shares during the period. Finally, Algorithmic Investment Models LLC boosted its position in shares of Global X FTSE Southeast Asia ETF by 5.0% during the third quarter. Algorithmic Investment Models LLC now owns 62,762 shares of the company’s stock worth $1,073,000 after buying an additional 2,961 shares during the period.

Global X FTSE Southeast Asia ETF Trading Up 0.1%

Shares of NYSEARCA ASEA opened at $20.04 on Wednesday. Global X FTSE Southeast Asia ETF has a 12-month low of $13.68 and a 12-month high of $20.15. The company has a market cap of $91.18 million, a price-to-earnings ratio of 12.26 and a beta of 0.58. The stock’s 50 day simple moving average is $18.88 and its 200 day simple moving average is $17.96.

About Global X FTSE Southeast Asia ETF

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.