Global X Guru Index ETF (NYSEARCA:GURU) Short Interest Update

Global X Guru Index ETF (NYSEARCA:GURU) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,313 shares, an increase of 119.7% from the August 15th total of 1,053 shares. Based on an average trading volume of 914 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.3% of the shares of the stock are short sold.

Global X Guru Index ETF Stock Performance

Global X Guru Index ETF stock traded down $0.80 during trading hours on Tuesday, reaching $67.61. 858 shares of the company’s stock traded hands, compared to its average volume of 1,497. Global X Guru Index ETF has a fifty-two week low of $56.96 and a fifty-two week high of $71.08. The firm has a market capitalization of $61.53 million, a price-to-earnings ratio of 21.69 and a beta of 0.99. The firm’s 50 day moving average is $69.14 and its 200-day moving average is $65.86.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global X Guru Index ETF stock. Citadel Advisors LLC increased its holdings in shares of Global X Guru Index ETF (NYSEARCA:GURU) by 54.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 7,326 shares of the company’s stock after purchasing an additional 2,579 shares during the period. Citadel Advisors LLC owned 0.81% of Global X Guru Index ETF worth $513,000 as of its most recent filing with the SEC.

Global X Guru Index ETF Company Profile

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.