Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Short Interest Update

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 11,022 shares, a decrease of 45.6% from the May 14th total of 20,263 shares. Based on an average daily volume of 7,004 shares, the days-to-cover ratio is currently 1.6 days. Currently, 3.8% of the shares of the stock are sold short.

Global X Dorsey Wright Thematic ETF Trading Up 1.2%

Shares of GXDW stock traded up $0.34 during mid-day trading on Friday, reaching $27.68. The stock had a trading volume of 15,372 shares, compared to its average volume of 3,890. The company has a market cap of $8.03 million, a P/E ratio of 26.08 and a beta of 1.32. Global X Dorsey Wright Thematic ETF has a 12-month low of $21.50 and a 12-month high of $30.73. The business has a 50-day simple moving average of $27.20 and a 200 day simple moving average of $25.32.

Hedge Funds Weigh In On Global X Dorsey Wright Thematic ETF

A number of institutional investors have recently added to or reduced their stakes in GXDW. Ameritas Advisory Services LLC bought a new stake in shares of Global X Dorsey Wright Thematic ETF during the 3rd quarter valued at about $102,000. Bank of America Corp DE acquired a new stake in shares of Global X Dorsey Wright Thematic ETF in the 3rd quarter worth approximately $95,000. AdvisorNet Financial Inc lifted its stake in Global X Dorsey Wright Thematic ETF by 65.5% during the first quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock valued at $62,000 after purchasing an additional 1,099 shares during the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in shares of Global X Dorsey Wright Thematic ETF during the fourth quarter valued at approximately $34,000.

About Global X Dorsey Wright Thematic ETF

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.