VanEck China Bond ETF (NYSEARCA:CBON – Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 286 shares, a decrease of 91.5% from the April 15th total of 3,350 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 4,693 shares, the short-interest ratio is presently 0.1 days.
VanEck China Bond ETF Price Performance
CBON stock traded down $0.03 during mid-day trading on Tuesday, reaching $23.68. The company had a trading volume of 3,587 shares, compared to its average volume of 5,196. The company has a market capitalization of $21.31 million, a PE ratio of -182.15 and a beta of 0.11. The firm has a 50 day moving average of $23.40 and a 200 day moving average of $22.99. VanEck China Bond ETF has a 12 month low of $22.11 and a 12 month high of $23.76.
Hedge Funds Weigh In On VanEck China Bond ETF
A number of hedge funds have recently added to or reduced their stakes in CBON. Susquehanna International Group LLP grew its stake in VanEck China Bond ETF by 2.1% in the 3rd quarter. Susquehanna International Group LLP now owns 39,435 shares of the company’s stock worth $883,000 after acquiring an additional 815 shares in the last quarter. Kestra Advisory Services LLC bought a new position in VanEck China Bond ETF in the 4th quarter worth about $26,000. OLD Mission Capital LLC grew its stake in VanEck China Bond ETF by 23.8% in the 4th quarter. OLD Mission Capital LLC now owns 51,213 shares of the company’s stock worth $1,170,000 after acquiring an additional 9,858 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of VanEck China Bond ETF by 426.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock valued at $138,000 after purchasing an additional 4,889 shares in the last quarter. 14.60% of the stock is currently owned by institutional investors.
VanEck China Bond ETF Company Profile
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.
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