Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Short Interest Down 42.7% in June

Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 404 shares, a decrease of 42.7% from the May 31st total of 705 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 10,785 shares, the days-to-cover ratio is presently 0.0 days.

Global X Adaptive U.S. Risk Management ETF Stock Down 0.2%

ONOF stock traded down $0.09 during trading on Thursday, reaching $39.78. The company’s stock had a trading volume of 2,125 shares, compared to its average volume of 12,584. Global X Adaptive U.S. Risk Management ETF has a 1 year low of $34.29 and a 1 year high of $40.71. The company has a market capitalization of $139.23 million, a P/E ratio of 26.12 and a beta of 0.78. The company’s fifty day moving average is $39.50 and its 200-day moving average is $38.17.

Hedge Funds Weigh In On Global X Adaptive U.S. Risk Management ETF

Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its position in shares of Global X Adaptive U.S. Risk Management ETF by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 5,743 shares of the company’s stock valued at $197,000 after acquiring an additional 298 shares during the last quarter. Citadel Advisors LLC bought a new stake in Global X Adaptive U.S. Risk Management ETF in the third quarter worth $472,000. Maridea Wealth Management LLC purchased a new stake in Global X Adaptive U.S. Risk Management ETF during the first quarter valued at $2,156,000. Align Financial LLC purchased a new stake in Global X Adaptive U.S. Risk Management ETF during the fourth quarter valued at $6,102,000. Finally, Cetera Investment Advisers lifted its position in Global X Adaptive U.S. Risk Management ETF by 1.2% during the first quarter. Cetera Investment Advisers now owns 297,246 shares of the company’s stock valued at $10,774,000 after purchasing an additional 3,507 shares during the last quarter.

Global X Adaptive U.S. Risk Management ETF Company Profile

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.