Global X MSCI Greece ETF (NYSEARCA:GREK) Short Interest Update

Global X MSCI Greece ETF (NYSEARCA:GREK) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 159,617 shares, a growth of 121.7% from the November 30th total of 72,006 shares. Approximately 3.5% of the company’s shares are sold short. Based on an average daily volume of 88,379 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 88,379 shares, the short-interest ratio is currently 1.8 days. Approximately 3.5% of the company’s shares are sold short.

Hedge Funds Weigh In On Global X MSCI Greece ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in GREK. Triumph Capital Management acquired a new stake in Global X MSCI Greece ETF during the 3rd quarter valued at approximately $59,000. IFP Advisors Inc bought a new stake in shares of Global X MSCI Greece ETF in the 3rd quarter valued at $80,000. Wexford Capital LP acquired a new stake in shares of Global X MSCI Greece ETF during the third quarter worth $110,000. Knollwood Investment Advisory LLC bought a new position in Global X MSCI Greece ETF during the third quarter worth $206,000. Finally, Flow Traders U.S. LLC raised its stake in Global X MSCI Greece ETF by 36.7% during the third quarter. Flow Traders U.S. LLC now owns 41,732 shares of the exchange traded fund’s stock worth $2,688,000 after buying an additional 11,204 shares during the last quarter.

Global X MSCI Greece ETF Stock Up 0.7%

Shares of NYSEARCA:GREK opened at $68.61 on Monday. The firm has a market cap of $310.80 million, a P/E ratio of 10.65 and a beta of 0.89. Global X MSCI Greece ETF has a 12-month low of $38.69 and a 12-month high of $69.00. The business has a fifty day simple moving average of $65.08 and a 200 day simple moving average of $63.41.

Global X MSCI Greece ETF Company Profile

The Global X MSCI Greece ETF (GREK) is an exchange-traded fund that is based on the MSCI All Greece Select 25-50 index, a market-cap-weighted index of about 15 Greek firms. GREK was launched on Dec 7, 2011 and is managed by Global X.