Global X S&P 500 U.S. Market Leaders Top 50 ETF (NYSEARCA:FLAG – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 51 shares, an increase of 264.3% from the April 30th total of 14 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 125 shares, the days-to-cover ratio is presently 0.4 days.
Global X S&P 500 U.S. Market Leaders Top 50 ETF Price Performance
FLAG traded up $0.04 during midday trading on Friday, reaching $27.86. The company’s stock had a trading volume of 85 shares, compared to its average volume of 368. Global X S&P 500 U.S. Market Leaders Top 50 ETF has a 1 year low of $25.50 and a 1 year high of $28.35. The stock’s 50-day moving average is $26.95 and its 200-day moving average is $27.42.
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