VanEck Israel ETF (NYSEARCA:ISRA) Short Interest Update

VanEck Israel ETF (NYSEARCA:ISRA) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 18,279 shares, a growth of 72.9% from the April 15th total of 10,569 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 6,332 shares, the days-to-cover ratio is currently 2.9 days.

Institutional Investors Weigh In On VanEck Israel ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ISRA. Common Fund For Nonprofit Organizations increased its holdings in shares of VanEck Israel ETF by 1.4% in the fourth quarter. Common Fund For Nonprofit Organizations now owns 18,518 shares of the company’s stock worth $1,089,000 after acquiring an additional 263 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of VanEck Israel ETF by 2.1% in the first quarter. Bank of America Corp DE now owns 13,979 shares of the company’s stock worth $845,000 after acquiring an additional 285 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of VanEck Israel ETF by 6.0% in the fourth quarter. Cetera Investment Advisers now owns 5,575 shares of the company’s stock worth $328,000 after acquiring an additional 318 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of VanEck Israel ETF by 241.9% in the fourth quarter. IFP Advisors Inc now owns 653 shares of the company’s stock worth $38,000 after acquiring an additional 462 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of VanEck Israel ETF by 42.9% in the first quarter. Royal Bank of Canada now owns 1,699 shares of the company’s stock worth $103,000 after acquiring an additional 510 shares in the last quarter.

VanEck Israel ETF Stock Down 0.3%

NYSEARCA ISRA traded down $0.18 on Tuesday, reaching $66.88. The company had a trading volume of 2,459 shares, compared to its average volume of 10,136. The stock’s 50 day moving average is $64.49 and its 200-day moving average is $61.75. The stock has a market cap of $152.49 million, a price-to-earnings ratio of 14.88 and a beta of 1.00. VanEck Israel ETF has a 52 week low of $45.43 and a 52 week high of $73.55.

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.