Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Up 28.0% in January

Global X E-Commerce ETF (NASDAQ:EBIZ) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 10,123 shares, a growth of 28.0% from the January 15th total of 7,910 shares. Based on an average trading volume of 21,781 shares, the short-interest ratio is currently 0.5 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 21,781 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. UBS Group AG raised its position in shares of Global X E-Commerce ETF by 0.8% during the 3rd quarter. UBS Group AG now owns 268,101 shares of the company’s stock valued at $9,395,000 after acquiring an additional 2,124 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Global X E-Commerce ETF by 61.2% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,809 shares of the company’s stock worth $2,014,000 after purchasing an additional 24,979 shares during the period. Susquehanna International Group LLP lifted its position in shares of Global X E-Commerce ETF by 111.4% in the 3rd quarter. Susquehanna International Group LLP now owns 53,606 shares of the company’s stock worth $1,879,000 after buying an additional 28,245 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Global X E-Commerce ETF in the 3rd quarter valued at about $1,539,000. Finally, Envestnet Asset Management Inc. raised its stake in Global X E-Commerce ETF by 20.8% during the third quarter. Envestnet Asset Management Inc. now owns 18,641 shares of the company’s stock worth $653,000 after acquiring an additional 3,213 shares during the period.

Global X E-Commerce ETF Stock Performance

Shares of EBIZ traded up $0.02 during trading hours on Monday, hitting $28.69. The stock had a trading volume of 3,611 shares, compared to its average volume of 14,734. The company’s fifty day simple moving average is $32.49 and its 200 day simple moving average is $33.23. The firm has a market cap of $44.18 million, a P/E ratio of 21.86 and a beta of 1.26. Global X E-Commerce ETF has a 12-month low of $23.51 and a 12-month high of $36.00.

Global X E-Commerce ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.0686 per share. This represents a dividend yield of 42.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Global X E-Commerce ETF Company Profile

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.