Global X Guru Index ETF (NYSEARCA:GURU – Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 5,763 shares, an increase of 200.0% from the December 15th total of 1,921 shares. Based on an average daily trading volume, of 1,512 shares, the short-interest ratio is currently 3.8 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 1,512 shares, the short-interest ratio is currently 3.8 days.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in Global X Guru Index ETF in the 3rd quarter worth $37,000. Jones Financial Companies Lllp purchased a new position in shares of Global X Guru Index ETF in the first quarter valued at about $51,000. Raymond James Financial Inc. bought a new position in shares of Global X Guru Index ETF in the second quarter worth about $181,000. Fulcrum Equity Management purchased a new stake in shares of Global X Guru Index ETF during the fourth quarter worth about $258,000. Finally, IFP Advisors Inc purchased a new stake in shares of Global X Guru Index ETF during the second quarter worth about $740,000.
Global X Guru Index ETF Trading Down 0.0%
Global X Guru Index ETF stock traded down $0.00 during midday trading on Tuesday, hitting $62.67. The stock had a trading volume of 579 shares, compared to its average volume of 1,910. The firm’s fifty day moving average is $62.54 and its two-hundred day moving average is $59.31. The company has a market capitalization of $58.28 million, a PE ratio of 21.69 and a beta of 1.03. Global X Guru Index ETF has a 52-week low of $41.57 and a 52-week high of $64.35.
About Global X Guru Index ETF
The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.
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