VanEck ChiNext ETF (NYSEARCA:CNXT) Short Interest Update

VanEck ChiNext ETF (NYSEARCA:CNXT) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 97,804 shares, an increase of 31.3% from the November 30th total of 74,480 shares. Currently, 8.9% of the shares of the company are sold short. Based on an average trading volume of 22,141 shares, the short-interest ratio is currently 4.4 days. Based on an average trading volume of 22,141 shares, the short-interest ratio is currently 4.4 days. Currently, 8.9% of the shares of the company are sold short.

VanEck ChiNext ETF Price Performance

NYSEARCA CNXT traded up $0.43 during trading on Tuesday, reaching $44.47. The company’s stock had a trading volume of 18,476 shares, compared to its average volume of 23,737. The firm has a fifty day moving average of $42.68 and a 200 day moving average of $37.90. VanEck ChiNext ETF has a one year low of $22.38 and a one year high of $45.25. The stock has a market capitalization of $48.92 million, a PE ratio of 27.22 and a beta of 0.46.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VanEck ChiNext ETF stock. Jane Street Group LLC acquired a new stake in shares of VanEck ChiNext ETF (NYSEARCA:CNXT) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 8,282 shares of the company’s stock, valued at approximately $237,000. Jane Street Group LLC owned approximately 0.87% of VanEck ChiNext ETF at the end of the most recent quarter. 36.93% of the stock is currently owned by institutional investors.

VanEck ChiNext ETF Company Profile

The VanEck ChiNext ETF (CNXT) is an exchange-traded fund that is based on the ChiNext – RMB index. The fund tracks a cap-weighted index of 100 small- and medium-size companies traded on the SME Board and ChiNext Board of the Shenzhen Stock Exchange. CNXT was launched on Jul 23, 2014 and is managed by VanEck.