Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Short Interest Update

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 13,933 shares, a growth of 79.6% from the January 15th total of 7,757 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 45,737 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 45,737 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Global X MSCI China Consumer Discretionary ETF

Several institutional investors and hedge funds have recently bought and sold shares of CHIQ. Fifth Third Securities Inc. acquired a new position in shares of Global X MSCI China Consumer Discretionary ETF during the fourth quarter worth $348,000. Flow Traders U.S. LLC purchased a new position in Global X MSCI China Consumer Discretionary ETF during the 2nd quarter worth $306,000. Finally, Goldman Sachs Group Inc. acquired a new position in Global X MSCI China Consumer Discretionary ETF during the 1st quarter valued at about $252,000.

Global X MSCI China Consumer Discretionary ETF Trading Down 0.3%

Shares of NYSEARCA:CHIQ traded down $0.06 during trading on Friday, reaching $20.96. The stock had a trading volume of 49,115 shares, compared to its average volume of 58,684. The firm’s 50-day simple moving average is $21.51 and its 200 day simple moving average is $22.33. Global X MSCI China Consumer Discretionary ETF has a one year low of $17.87 and a one year high of $24.67. The company has a market capitalization of $189.06 million, a P/E ratio of 15.04 and a beta of 0.37.

Global X MSCI China Consumer Discretionary ETF Company Profile

Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.