Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) Sees Large Increase in Short Interest

Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 359 shares, a growth of 663.8% from the October 15th total of 47 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,257 shares, the days-to-cover ratio is presently 0.2 days.

Global X Morningstar Capital Allocation Leaders ETF Price Performance

Shares of NASDAQ CPTL opened at $48.63 on Wednesday. The stock has a market capitalization of $110.87 million, a PE ratio of 25.68 and a beta of 1.01. The business has a fifty day moving average price of $48.78 and a two-hundred day moving average price of $46.41. Global X Morningstar Capital Allocation Leaders ETF has a fifty-two week low of $40.41 and a fifty-two week high of $49.85.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Morningstar Capital Allocation Leaders ETF stock. Bank of America Corp DE increased its position in shares of Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) by 1.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,576 shares of the company’s stock after purchasing an additional 348 shares during the quarter. Bank of America Corp DE owned 0.81% of Global X Morningstar Capital Allocation Leaders ETF worth $855,000 at the end of the most recent reporting period.

Global X Morningstar Capital Allocation Leaders ETF Company Profile

Global X Conscious Companies ETF is an exchange-traded fund managed by Global X Management Company LLC. The fund seeks to provide diversified exposure to companies that demonstrate a commitment to responsible corporate practices and positive relationships with key stakeholders, including employees, customers, suppliers, communities and shareholders. The portfolio is designed to follow an index-based investment approach and generally invests in equity securities of companies that meet defined environmental, social and governance-related criteria.