VanEck Digital India ETF (NYSEARCA:DGIN) Short Interest Up 46.8% in February

VanEck Digital India ETF (NYSEARCA:DGIN) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 17,747 shares, an increase of 46.8% from the February 12th total of 12,086 shares. Based on an average trading volume of 19,516 shares, the short-interest ratio is currently 0.9 days. Currently, 3.9% of the company’s shares are short sold. Currently, 3.9% of the company’s shares are short sold. Based on an average trading volume of 19,516 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC grew its holdings in shares of VanEck Digital India ETF by 344.6% in the first quarter. Jane Street Group LLC now owns 21,711 shares of the company’s stock valued at $847,000 after purchasing an additional 16,828 shares in the last quarter. Citadel Advisors LLC acquired a new stake in VanEck Digital India ETF during the 3rd quarter worth approximately $840,000. Condor Capital Management boosted its position in VanEck Digital India ETF by 5.0% in the 4th quarter. Condor Capital Management now owns 7,918 shares of the company’s stock valued at $324,000 after buying an additional 378 shares during the period. Archford Capital Strategies LLC boosted its position in VanEck Digital India ETF by 18.4% in the 3rd quarter. Archford Capital Strategies LLC now owns 5,752 shares of the company’s stock valued at $230,000 after buying an additional 895 shares during the period. Finally, Osaic Holdings Inc. grew its stake in shares of VanEck Digital India ETF by 887.2% in the second quarter. Osaic Holdings Inc. now owns 3,534 shares of the company’s stock worth $156,000 after acquiring an additional 3,176 shares in the last quarter.

VanEck Digital India ETF Price Performance

Shares of VanEck Digital India ETF stock opened at $32.16 on Monday. The stock has a market capitalization of $14.47 million, a price-to-earnings ratio of 40.34 and a beta of 0.63. The business has a 50-day moving average of $37.33 and a 200 day moving average of $40.13. VanEck Digital India ETF has a 12 month low of $32.16 and a 12 month high of $44.49.

About VanEck Digital India ETF

The VanEck Digital India ETF (DGIN) is an exchange-traded fund that is based on the MVIS Digital India index. The fund tracks a market cap-weighted index of Indian companies that are involved in the digitalization of India’s economy. DGIN was launched on Feb 15, 2022 and is managed by VanEck.