VanEck Israel ETF (NYSEARCA:ISRA) Short Interest Down 53.1% in September

VanEck Israel ETF (NYSEARCA:ISRA) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 3,800 shares, a drop of 53.1% from the August 31st total of 8,100 shares. Based on an average daily volume of 10,800 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 10,800 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On VanEck Israel ETF

A number of institutional investors have recently made changes to their positions in ISRA. Farther Finance Advisors LLC increased its holdings in shares of VanEck Israel ETF by 36.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,020 shares of the company’s stock worth $53,000 after purchasing an additional 270 shares during the period. IMA Advisory Services Inc. grew its holdings in VanEck Israel ETF by 0.5% during the 2nd quarter. IMA Advisory Services Inc. now owns 74,883 shares of the company’s stock worth $3,878,000 after acquiring an additional 386 shares during the last quarter. Analyst IMS Investment Management Services Ltd. grew its stake in shares of VanEck Israel ETF by 8.2% during the first quarter. Analyst IMS Investment Management Services Ltd. now owns 8,531 shares of the company’s stock valued at $360,000 after purchasing an additional 650 shares during the last quarter. Bessemer Group Inc. bought a new position in VanEck Israel ETF in the second quarter valued at about $58,000. Finally, Bank of America Corp DE boosted its stake in shares of VanEck Israel ETF by 19.0% in the 2nd quarter. Bank of America Corp DE now owns 13,456 shares of the company’s stock valued at $697,000 after purchasing an additional 2,151 shares during the last quarter.

VanEck Israel ETF Stock Performance

Shares of ISRA stock opened at $54.84 on Friday. The company has a market capitalization of $111.33 million, a price-to-earnings ratio of 14.88 and a beta of 1.00. VanEck Israel ETF has a twelve month low of $37.75 and a twelve month high of $55.15. The stock’s 50 day simple moving average is $51.75 and its 200 day simple moving average is $48.42.

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.