Global X Clean Water ETF (NASDAQ:AQWA) Sees Large Drop in Short Interest

Global X Clean Water ETF (NASDAQ:AQWA) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 4,773 shares, a decrease of 43.6% from the May 14th total of 8,456 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 10,813 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Global X Clean Water ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new position in Global X Clean Water ETF during the fourth quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp bought a new position in Global X Clean Water ETF during the third quarter valued at approximately $32,000. Osaic Holdings Inc. raised its position in Global X Clean Water ETF by 26.8% during the second quarter. Osaic Holdings Inc. now owns 10,304 shares of the company’s stock valued at $195,000 after acquiring an additional 2,178 shares in the last quarter. Cetera Investment Advisers bought a new position in Global X Clean Water ETF during the first quarter valued at approximately $232,000. Finally, Susquehanna International Group LLP bought a new position in Global X Clean Water ETF during the third quarter valued at approximately $302,000.

Global X Clean Water ETF Price Performance

NASDAQ AQWA opened at $18.85 on Friday. The company has a 50 day simple moving average of $19.09 and a 200-day simple moving average of $19.39. The firm has a market capitalization of $24.88 million, a price-to-earnings ratio of 21.56 and a beta of 0.88. Global X Clean Water ETF has a 52-week low of $18.25 and a 52-week high of $20.92.

Global X Clean Water ETF Company Profile

The Global X Clean Water ETF (AQWA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water. AQWA was launched on Apr 8, 2021 and is managed by Global X.