Short Interest in VanEck Israel ETF (NYSEARCA:ISRA) Increases By 1,573.8%

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

VanEck Israel ETF Trading Up 0.4%

ISRA traded up $0.23 on Wednesday, reaching $60.46. The stock had a trading volume of 8,654 shares, compared to its average volume of 7,488. The business’s 50-day moving average price is $56.77 and its two-hundred day moving average price is $53.45. The company has a market cap of $122.73 million, a P/E ratio of 14.88 and a beta of 1.01. VanEck Israel ETF has a 12-month low of $38.24 and a 12-month high of $60.83.

Hedge Funds Weigh In On VanEck Israel ETF

Several institutional investors and hedge funds have recently modified their holdings of ISRA. Farther Finance Advisors LLC increased its position in shares of VanEck Israel ETF by 36.0% in the second quarter. Farther Finance Advisors LLC now owns 1,020 shares of the company’s stock valued at $53,000 after buying an additional 270 shares in the last quarter. Analyst IMS Investment Management Services Ltd. lifted its position in shares of VanEck Israel ETF by 11.8% during the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 9,541 shares of the company’s stock valued at $495,000 after buying an additional 1,010 shares in the last quarter. Bessemer Group Inc. acquired a new stake in VanEck Israel ETF in the 2nd quarter valued at $58,000. Citadel Advisors LLC purchased a new stake in VanEck Israel ETF in the 3rd quarter worth $313,000. Finally, Bank of America Corp DE increased its holdings in VanEck Israel ETF by 3.4% in the 3rd quarter. Bank of America Corp DE now owns 13,918 shares of the company’s stock worth $760,000 after acquiring an additional 462 shares in the last quarter.

About VanEck Israel ETF

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.