Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Drops By 37.5%

VanEck China Bond ETF (NYSEARCA:CBON) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 500 shares, a decrease of 37.5% from the September 30th total of 800 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is presently 0.3 days.

VanEck China Bond ETF Price Performance

Shares of NYSEARCA CBON traded down $0.08 during midday trading on Monday, reaching $22.38. 135 shares of the stock were exchanged, compared to its average volume of 2,254. The business has a 50-day simple moving average of $22.38 and a two-hundred day simple moving average of $22.30. The company has a market capitalization of $17.90 million, a price-to-earnings ratio of -172.15 and a beta of 0.12. VanEck China Bond ETF has a 12 month low of $21.34 and a 12 month high of $22.53.

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.