VanEck China Bond ETF (NYSEARCA:CBON – Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,208 shares, an increase of 3,818.9% from the April 30th total of 286 shares. Based on an average daily trading volume, of 11,131 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.2% of the shares of the company are sold short.
Institutional Trading of VanEck China Bond ETF
Several hedge funds have recently bought and sold shares of CBON. Susquehanna International Group LLP lifted its position 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 valued at $883,000 after purchasing an additional 815 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in VanEck China Bond ETF in the 4th quarter valued at about $26,000. OLD Mission Capital LLC lifted its position 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 valued at $1,170,000 after purchasing an additional 9,858 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in VanEck China Bond ETF by 426.6% in the 4th 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 during the last quarter. 14.60% of the stock is currently owned by institutional investors.
VanEck China Bond ETF Stock Performance
Shares of VanEck China Bond ETF stock traded up $0.08 during trading hours on Wednesday, reaching $23.91. The company’s stock had a trading volume of 12,902 shares, compared to its average volume of 6,260. The company’s 50 day simple moving average is $23.55 and its 200 day simple moving average is $23.11. VanEck China Bond ETF has a one year low of $22.11 and a one year high of $23.97. The stock has a market cap of $21.52 million, a P/E ratio of -183.92 and a beta of 0.11.
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.
See Also
- Five stocks we like better than VanEck China Bond ETF
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Receive News & Ratings for VanEck China Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck China Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
