Global X Cloud Computing ETF (NASDAQ:CLOU) Short Interest Down 12.9% in December

Global X Cloud Computing ETF (NASDAQ:CLOU) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 146,200 shares, a decline of 12.9% from the December 15th total of 167,900 shares. Based on an average daily volume of 193,000 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Global X Cloud Computing ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC grew its stake in shares of Global X Cloud Computing ETF by 262.1% in the third quarter. Jane Street Group LLC now owns 99,402 shares of the company’s stock valued at $2,043,000 after acquiring an additional 71,953 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Global X Cloud Computing ETF in the fourth quarter valued at about $334,000. HighTower Advisors LLC grew its stake in Global X Cloud Computing ETF by 13.5% during the third quarter. HighTower Advisors LLC now owns 12,582 shares of the company’s stock worth $257,000 after buying an additional 1,496 shares in the last quarter. CWM LLC grew its stake in Global X Cloud Computing ETF by 8.0% during the third quarter. CWM LLC now owns 39,910 shares of the company’s stock worth $820,000 after buying an additional 2,971 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Global X Cloud Computing ETF during the second quarter worth about $410,000.

Global X Cloud Computing ETF Trading Down 0.0 %

Shares of NASDAQ:CLOU traded down $0.01 on Friday, hitting $24.29. The company had a trading volume of 76,556 shares, compared to its average volume of 166,832. The stock has a 50 day moving average price of $24.32 and a 200 day moving average price of $21.60. Global X Cloud Computing ETF has a 1-year low of $17.79 and a 1-year high of $25.93. The stock has a market cap of $353.91 million, a price-to-earnings ratio of 46.16 and a beta of 0.98.

Global X Cloud Computing ETF Company Profile

The Global X Cloud Computing ETF (CLOU) is an exchange-traded fund that is based on the Indxx Global Cloud Computing index. The fund provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry. CLOU was launched on Apr 12, 2019 and is managed by Global X.