Short Interest in VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Increases By 357.6%

VanEck India Growth Leaders ETF (NYSEARCA:GLIN) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,908 shares, an increase of 357.6% from the July 30th total of 417 shares. Based on an average trading volume of 4,913 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On VanEck India Growth Leaders ETF

Several hedge funds have recently modified their holdings of GLIN. Jane Street Group LLC lifted its stake in VanEck India Growth Leaders ETF by 332.9% in the first quarter. Jane Street Group LLC now owns 83,285 shares of the company’s stock valued at $3,570,000 after acquiring an additional 64,045 shares during the last quarter. Osaic Holdings Inc. grew its holdings in VanEck India Growth Leaders ETF by 21.7% in the 2nd quarter. Osaic Holdings Inc. now owns 12,304 shares of the company’s stock valued at $577,000 after buying an additional 2,198 shares during the last quarter. Susquehanna International Group LLP acquired a new position in shares of VanEck India Growth Leaders ETF during the third quarter valued at about $477,000. LPL Financial LLC increased its stake in VanEck India Growth Leaders ETF by 2.7% in the fourth quarter. LPL Financial LLC now owns 109,908 shares of the company’s stock valued at $5,067,000 after acquiring an additional 2,914 shares during the period. Finally, MML Investors Services LLC lifted its holdings in shares of VanEck India Growth Leaders ETF by 2.8% during the fourth quarter. MML Investors Services LLC now owns 115,019 shares of the company’s stock valued at $5,302,000 after acquiring an additional 3,168 shares during the period.

VanEck India Growth Leaders ETF Trading Up 0.2%

GLIN stock traded up $0.10 during midday trading on Friday, hitting $46.13. 2,258 shares of the company’s stock were exchanged, compared to its average volume of 58,435. VanEck India Growth Leaders ETF has a 12-month low of $38.71 and a 12-month high of $47.94. The firm has a 50 day moving average price of $45.68 and a 200-day moving average price of $44.92. The stock has a market capitalization of $95.95 million, a price-to-earnings ratio of 15.62 and a beta of 0.69.

VanEck India Growth Leaders ETF Company Profile

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.