Short Interest in Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Drops By 53.7%

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 7,665 shares, a drop of 53.7% from the June 15th total of 16,541 shares. Based on an average trading volume of 11,451 shares, the short-interest ratio is presently 0.7 days. Currently, 2.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Bank of America Corp DE acquired a new position in shares of Global X Dorsey Wright Thematic ETF during the third quarter valued at about $95,000. AdvisorNet Financial Inc raised its holdings in shares of Global X Dorsey Wright Thematic ETF by 65.5% in the 1st quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock worth $62,000 after acquiring an additional 1,099 shares during the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in shares of Global X Dorsey Wright Thematic ETF in the 4th quarter worth about $34,000.

Global X Dorsey Wright Thematic ETF Price Performance

Shares of NASDAQ:GXDW traded up $0.33 during trading on Tuesday, reaching $24.34. 344 shares of the stock were exchanged, compared to its average volume of 4,428. Global X Dorsey Wright Thematic ETF has a 1-year low of $21.50 and a 1-year high of $30.73. The stock has a fifty day moving average of $27.79 and a two-hundred day moving average of $25.54. The firm has a market cap of $7.06 million, a price-to-earnings ratio of 26.08 and a beta of 1.33.

Global X Dorsey Wright Thematic ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a dividend of $0.0831 per share. The ex-dividend date was Monday, June 29th.

Global X Dorsey Wright Thematic ETF Company Profile

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.