Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Short Interest Update

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 11,022 shares, a decrease of 45.6% from the May 14th total of 20,263 shares. Based on an average daily volume of 7,004 shares, the days-to-cover ratio is currently 1.6 days. Approximately 3.8% of the company’s stock are sold short.

Global X Dorsey Wright Thematic ETF Price Performance

Shares of NASDAQ GXDW traded up $0.34 during trading hours on Friday, hitting $27.68. 15,372 shares of the stock were exchanged, compared to its average volume of 3,890. The company’s 50 day moving average is $27.20 and its 200 day moving average is $25.32. The firm has a market capitalization of $8.03 million, a P/E ratio of 26.08 and a beta of 1.32. Global X Dorsey Wright Thematic ETF has a one year low of $21.50 and a one year high of $30.73.

Hedge Funds Weigh In On Global X Dorsey Wright Thematic ETF

A number of hedge funds have recently made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new stake in shares of Global X Dorsey Wright Thematic ETF during the 3rd quarter worth about $102,000. Bank of America Corp DE bought a new position in Global X Dorsey Wright Thematic ETF during the 3rd quarter worth approximately $95,000. AlphaCore Capital LLC bought a new position in Global X Dorsey Wright Thematic ETF during the 4th quarter worth approximately $34,000. Finally, AdvisorNet Financial Inc lifted its stake in Global X Dorsey Wright Thematic ETF by 65.5% in the first quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock valued at $62,000 after buying an additional 1,099 shares in the last quarter.

About Global X Dorsey Wright Thematic ETF

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.