Global X Aging Population ETF (NASDAQ:AGNG) Sees Large Decline in Short Interest

Global X Aging Population ETF (NASDAQ:AGNG) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 8,591 shares, a decrease of 77.1% from the June 15th total of 37,505 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 20,627 shares, the short-interest ratio is currently 0.4 days.

Global X Aging Population ETF Price Performance

AGNG opened at $36.55 on Tuesday. The firm has a market capitalization of $85.89 million, a price-to-earnings ratio of 24.67 and a beta of 0.61. The company’s 50 day simple moving average is $35.42 and its two-hundred day simple moving average is $36.15. Global X Aging Population ETF has a 1-year low of $31.71 and a 1-year high of $39.48.

Global X Aging Population ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a $0.1556 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Hedge Funds Weigh In On Global X Aging Population ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sei Investments Co. grew its holdings in Global X Aging Population ETF by 76.2% in the 2nd quarter. Sei Investments Co. now owns 11,784 shares of the company’s stock valued at $376,000 after buying an additional 5,097 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Global X Aging Population ETF by 220.6% during the 2nd quarter. Bank of America Corp DE now owns 23,479 shares of the company’s stock worth $749,000 after acquiring an additional 16,156 shares during the period. Paller Financial Services Inc purchased a new position in shares of Global X Aging Population ETF during the 4th quarter worth $1,006,000. Stratos Wealth Partners LTD. boosted its position in shares of Global X Aging Population ETF by 4.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,875 shares of the company’s stock valued at $283,000 after acquiring an additional 340 shares during the last quarter. Finally, Northbridge Financial Group LLC acquired a new position in shares of Global X Aging Population ETF during the 4th quarter valued at about $218,000.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.