Short Interest in Global X MSCI Argentina ETF (NYSEARCA:ARGT) Rises By 25.3%

Global X MSCI Argentina ETF (NYSEARCA:ARGT) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 621,249 shares, an increase of 25.3% from the March 15th total of 495,911 shares. Approximately 6.8% of the shares of the company are short sold. Based on an average trading volume of 269,934 shares, the short-interest ratio is currently 2.3 days.

Global X MSCI Argentina ETF Stock Down 0.0%

Global X MSCI Argentina ETF stock traded down $0.01 during trading hours on Friday, hitting $94.16. The stock had a trading volume of 157,497 shares, compared to its average volume of 247,022. The company has a 50-day moving average of $90.87 and a two-hundred day moving average of $88.92. The company has a market cap of $908.64 million, a PE ratio of 13.65 and a beta of 1.06. Global X MSCI Argentina ETF has a fifty-two week low of $66.49 and a fifty-two week high of $103.97.

Institutional Trading of Global X MSCI Argentina ETF

A number of large investors have recently bought and sold shares of the stock. Harbour Wealth Management Group Inc. acquired a new position in Global X MSCI Argentina ETF during the fourth quarter worth $638,000. Summit Securities Group LLC acquired a new position in Global X MSCI Argentina ETF during the fourth quarter worth $676,000. Balyasny Asset Management L.P. acquired a new position in Global X MSCI Argentina ETF during the fourth quarter worth $1,069,000. State of Wisconsin Investment Board acquired a new position in Global X MSCI Argentina ETF during the fourth quarter worth $2,450,000. Finally, Kestra Advisory Services LLC acquired a new position in Global X MSCI Argentina ETF during the fourth quarter worth $97,000.

About Global X MSCI Argentina ETF

The Global X MSCI Argentina ETF (ARGT) is an exchange-traded fund that is based on the MSCI All Argentina 25\u002F50 index. The fund tracks a narrow index of companies with Argentine economic linkages that are selected and weighted by market cap. ARGT was launched on Mar 2, 2011 and is managed by Global X.