Short Interest in Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Drops By 64.3%

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 2,432 shares, a drop of 64.3% from the July 15th total of 6,808 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 2,430 shares, the short-interest ratio is currently 1.0 days.

Global X Dorsey Wright Thematic ETF Stock Down 0.8%

NASDAQ GXDW traded down $0.19 on Friday, reaching $24.88. The company had a trading volume of 562 shares, compared to its average volume of 4,218. The stock has a market capitalization of $6.47 million, a PE ratio of 26.08 and a beta of 1.35. The firm’s 50 day moving average price is $25.23 and its 200 day moving average price is $25.30. Global X Dorsey Wright Thematic ETF has a 12 month low of $21.50 and a 12 month high of $30.73.

Global X Dorsey Wright Thematic ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were given a dividend of $0.0831 per share. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On Global X Dorsey Wright Thematic ETF

Several large investors have recently made changes to their positions in the company. Bank of America Corp DE bought a new position in Global X Dorsey Wright Thematic ETF during the third quarter valued at approximately $95,000. AlphaCore Capital LLC purchased a new position in Global X Dorsey Wright Thematic ETF during the 4th quarter valued at approximately $34,000. Finally, AdvisorNet Financial Inc increased its stake in Global X Dorsey Wright Thematic ETF by 65.5% in the 1st quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock worth $62,000 after acquiring an additional 1,099 shares during the last quarter.

Global X Dorsey Wright Thematic ETF Company Profile

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.