Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Short Interest Down 85.5% in July

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 10,717 shares, a decrease of 85.5% from the July 15th total of 73,663 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 52,443 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Securities Inc. acquired a new stake in Global X MSCI China Consumer Discretionary ETF in the fourth quarter valued at $348,000. Flow Traders U.S. LLC bought a new position in Global X MSCI China Consumer Discretionary ETF in the 2nd quarter valued at about $306,000. Finally, Goldman Sachs Group Inc. purchased a new position in Global X MSCI China Consumer Discretionary ETF during the 1st quarter worth $252,000.

Global X MSCI China Consumer Discretionary ETF Trading Down 1.2%

Global X MSCI China Consumer Discretionary ETF stock traded down $0.21 during trading hours on Wednesday, reaching $18.00. 3,603 shares of the stock were exchanged, compared to its average volume of 50,801. The company has a market cap of $125.10 million, a P/E ratio of 15.04 and a beta of 0.30. Global X MSCI China Consumer Discretionary ETF has a twelve month low of $15.48 and a twelve month high of $24.67. The stock has a 50 day moving average of $17.41 and a two-hundred day moving average of $19.17.

About Global X MSCI China Consumer Discretionary ETF

Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.