VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Short Interest Down 49.4% in May

VanEck India Growth Leaders ETF (NYSEARCA:GLIN) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 2,434 shares, a decline of 49.4% from the May 14th total of 4,812 shares. Based on an average daily volume of 8,002 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

VanEck India Growth Leaders ETF Stock Up 1.5%

NYSEARCA GLIN opened at $45.37 on Friday. VanEck India Growth Leaders ETF has a twelve month low of $38.71 and a twelve month high of $48.39. The firm has a market capitalization of $100.72 million, a PE ratio of 15.62 and a beta of 0.69. The stock’s 50 day moving average is $44.72 and its 200 day moving average is $44.94.

Institutional Investors Weigh In On VanEck India Growth Leaders ETF

Several hedge funds have recently made changes to their positions in the company. Ferguson Shapiro LLC boosted its position in shares of VanEck India Growth Leaders ETF by 0.9% during the third quarter. Ferguson Shapiro LLC now owns 118,433 shares of the company’s stock valued at $5,288,000 after purchasing an additional 1,070 shares in the last quarter. MML Investors Services LLC boosted its holdings in VanEck India Growth Leaders ETF by 2.8% in the fourth quarter. MML Investors Services LLC now owns 115,019 shares of the company’s stock worth $5,302,000 after acquiring an additional 3,168 shares in the last quarter. LPL Financial LLC boosted its holdings in VanEck India Growth Leaders ETF by 2.7% in the fourth quarter. LPL Financial LLC now owns 109,908 shares of the company’s stock worth $5,067,000 after acquiring an additional 2,914 shares in the last quarter. Guild Investment Management Inc. boosted its holdings in VanEck India Growth Leaders ETF by 1.6% in the fourth quarter. Guild Investment Management Inc. now owns 106,480 shares of the company’s stock worth $4,909,000 after acquiring an additional 1,703 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in VanEck India Growth Leaders ETF by 1.8% in the fourth quarter. Farther Finance Advisors LLC now owns 96,770 shares of the company’s stock worth $4,461,000 after acquiring an additional 1,700 shares in the last quarter.

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.