Short Interest in VanEck China Bond ETF (NYSEARCA:CBON) Expands By 73.8%

VanEck China Bond ETF (NYSEARCA:CBONGet Free Report) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 883 shares, a growth of 73.8% from the January 15th total of 508 shares. Based on an average daily trading volume, of 3,460 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 3,460 shares, the short-interest ratio is currently 0.3 days.

VanEck China Bond ETF Trading Down 0.0%

NYSEARCA:CBON traded down $0.01 on Friday, reaching $23.19. The stock had a trading volume of 2,148 shares, compared to its average volume of 4,122. The company has a 50-day moving average of $22.88 and a 200 day moving average of $22.55. The stock has a market cap of $18.55 million, a P/E ratio of -178.38 and a beta of 0.12. VanEck China Bond ETF has a 12-month low of $21.34 and a 12-month high of $23.24.

VanEck China Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.0311 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 1.6%. VanEck China Bond ETF’s dividend payout ratio is currently -292.31%.

Hedge Funds Weigh In On VanEck China Bond ETF

A hedge fund recently bought a new stake in VanEck China Bond ETF stock. Kestra Advisory Services LLC bought a new stake in shares of VanEck China Bond ETF (NYSEARCA:CBONFree Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,142 shares of the company’s stock, valued at approximately $26,000. Kestra Advisory Services LLC owned about 0.14% of VanEck China Bond ETF at the end of the most recent quarter. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

VanEck China Bond ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for VanEck China Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck China Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.