Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA – Get Free Report) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 47,324 shares, a decrease of 52.4% from the June 15th total of 99,404 shares. Based on an average daily trading volume, of 22,482 shares, the short-interest ratio is presently 2.1 days. Currently, 1.0% of the company’s shares are short sold.
Hedge Funds Weigh In On Global X FTSE Southeast Asia ETF
Several hedge funds have recently added to or reduced their stakes in ASEA. Corecam Pte. Ltd. bought a new stake in shares of Global X FTSE Southeast Asia ETF during the fourth quarter worth $808,000. ES4 LLC bought a new position in shares of Global X FTSE Southeast Asia ETF in the fourth quarter worth about $595,000. Moneco Advisors LLC purchased a new position in Global X FTSE Southeast Asia ETF in the 4th quarter worth about $550,000. Royal Bank of Canada increased its stake in Global X FTSE Southeast Asia ETF by 51.4% in the 1st quarter. Royal Bank of Canada now owns 86,919 shares of the company’s stock worth $1,688,000 after buying an additional 29,507 shares during the period. Finally, Jane Street Group LLC bought a new stake in Global X FTSE Southeast Asia ETF during the 4th quarter valued at about $532,000.
Global X FTSE Southeast Asia ETF Stock Performance
ASEA stock traded up $0.03 during mid-day trading on Wednesday, reaching $20.93. 83,777 shares of the stock traded hands, compared to its average volume of 44,990. Global X FTSE Southeast Asia ETF has a one year low of $16.30 and a one year high of $21.11. The stock has a market capitalization of $97.95 million, a PE ratio of 12.26 and a beta of 0.43. The business has a 50-day moving average price of $20.02 and a two-hundred day moving average price of $19.66.
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.
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