VanEck Israel ETF (NYSEARCA:ISRA) Short Interest Up 1,573.8% in December

by · The Markets Daily

VanEck Israel ETF (NYSEARCA:ISRAGet Free Report) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 23,550 shares, an increase of 1,573.8% from the November 30th total of 1,407 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 8,397 shares, the short-interest ratio is presently 2.8 days. Based on an average daily volume of 8,397 shares, the short-interest ratio is presently 2.8 days. Currently, 1.2% of the company’s stock are short sold.

Institutional Trading of VanEck Israel ETF

Several institutional investors have recently modified their holdings of ISRA. Flow Traders U.S. LLC purchased a new position in shares of VanEck Israel ETF in the 3rd quarter valued at $988,000. Citadel Advisors LLC purchased a new position in shares of VanEck Israel ETF during the third quarter worth about $313,000. Bank of America Corp DE increased its position in shares of VanEck Israel ETF by 3.4% during the third quarter. Bank of America Corp DE now owns 13,918 shares of the company’s stock worth $760,000 after purchasing an additional 462 shares in the last quarter. NCM Capital Management LLC purchased a new stake in shares of VanEck Israel ETF in the 3rd quarter valued at about $205,000. Finally, Jones Financial Companies Lllp boosted its position in shares of VanEck Israel ETF by 56.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,975 shares of the company’s stock valued at $104,000 after purchasing an additional 710 shares during the period.

VanEck Israel ETF Price Performance

Shares of NYSEARCA ISRA opened at $60.46 on Friday. The business has a 50-day moving average of $56.92 and a two-hundred day moving average of $53.49. The company has a market capitalization of $122.73 million, a price-to-earnings ratio of 14.88 and a beta of 1.01. VanEck Israel ETF has a 1 year low of $38.24 and a 1 year high of $60.83.

VanEck Israel ETF Company Profile

(Get Free Report)

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.

See Also