VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Shares Shorted: Short Interest Up 185.8% in September

VanEck India Growth Leaders ETF (NYSEARCA:GLIN) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 4,715 shares, a growth of 185.8% from the September 15th total of 1,650 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 8,449 shares, the short-interest ratio is presently 0.6 days.

VanEck India Growth Leaders ETF Stock Up 2.5%

GLIN stock opened at $44.02 on Wednesday. The business has a 50 day moving average of $44.84 and a 200 day moving average of $44.85. The firm has a market cap of $87.16 million, a PE ratio of 15.62 and a beta of 0.70. VanEck India Growth Leaders ETF has a twelve month low of $38.71 and a twelve month high of $47.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Kickstand Ventures LLC. raised its stake in VanEck India Growth Leaders ETF by 6.9% during the second quarter. Kickstand Ventures LLC. now owns 94,436 shares of the company’s stock valued at $4,391,000 after purchasing an additional 6,103 shares in the last quarter. Ascent Advisors LLC bought a new position in VanEck India Growth Leaders ETF during the first quarter valued at $302,000. J. Safra Sarasin Holding AG bought a new position in VanEck India Growth Leaders ETF during the first quarter valued at $264,000. Royal Bank of Canada grew its stake in shares of VanEck India Growth Leaders ETF by 26.6% in the 1st quarter. Royal Bank of Canada now owns 4,892 shares of the company’s stock worth $198,000 after buying an additional 1,027 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of VanEck India Growth Leaders ETF in the 2nd quarter worth $37,000.

About VanEck India Growth Leaders ETF

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.