Short Interest in Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Rises By 116.0%

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 80,077 shares, a growth of 116.0% from the December 15th total of 37,068 shares. Based on an average trading volume of 72,389 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.9% of the company’s shares are sold short. Currently, 1.9% of the company’s shares are sold short. Based on an average trading volume of 72,389 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Global X FTSE Southeast Asia ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Boothe Investment Group Inc. raised its position in shares of Global X FTSE Southeast Asia ETF by 1.3% in the 3rd quarter. Boothe Investment Group Inc. now owns 730,872 shares of the company’s stock valued at $12,494,000 after acquiring an additional 9,700 shares during the period. Cetera Investment Advisers raised its holdings in Global X FTSE Southeast Asia ETF by 3.2% in the second quarter. Cetera Investment Advisers now owns 116,914 shares of the company’s stock worth $1,907,000 after purchasing an additional 3,634 shares during the period. Barry Investment Advisors LLC boosted its position in shares of Global X FTSE Southeast Asia ETF by 0.7% during the third quarter. Barry Investment Advisors LLC now owns 100,298 shares of the company’s stock worth $1,714,000 after purchasing an additional 719 shares in the last quarter. Algorithmic Investment Models LLC grew its holdings in shares of Global X FTSE Southeast Asia ETF by 5.0% in the 3rd quarter. Algorithmic Investment Models LLC now owns 62,762 shares of the company’s stock valued at $1,073,000 after buying an additional 2,961 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Global X FTSE Southeast Asia ETF by 17.4% in the 2nd quarter. Jane Street Group LLC now owns 54,716 shares of the company’s stock valued at $892,000 after buying an additional 8,096 shares in the last quarter.

Global X FTSE Southeast Asia ETF Stock Up 0.3%

NYSEARCA ASEA traded up $0.05 during trading hours on Wednesday, hitting $18.77. The company’s stock had a trading volume of 24,363 shares, compared to its average volume of 60,918. The stock has a fifty day moving average of $18.33 and a 200 day moving average of $17.55. The firm has a market capitalization of $84.09 million, a P/E ratio of 12.26 and a beta of 0.58. Global X FTSE Southeast Asia ETF has a twelve month low of $13.68 and a twelve month high of $18.94.

About Global X FTSE Southeast Asia ETF

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.