Global X MSCI Norway ETF (NYSEARCA:NORW – Get Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 400,753 shares, an increase of 167.0% from the May 31st total of 150,102 shares. Based on an average daily trading volume, of 165,953 shares, the days-to-cover ratio is presently 2.4 days. Currently, 9.4% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. Ball & Co Wealth Management Inc. bought a new stake in shares of Global X MSCI Norway ETF during the 1st quarter worth approximately $80,000. Cetera Investment Advisers bought a new position in shares of Global X MSCI Norway ETF in the first quarter valued at $202,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Global X MSCI Norway ETF in the fourth quarter valued at $162,000. Total Clarity Wealth Management Inc. acquired a new position in Global X MSCI Norway ETF during the first quarter worth $222,000. Finally, Lunt Capital Management Inc. increased its holdings in Global X MSCI Norway ETF by 4.5% during the fourth quarter. Lunt Capital Management Inc. now owns 8,050 shares of the company’s stock worth $242,000 after buying an additional 345 shares during the last quarter.
Global X MSCI Norway ETF Price Performance
Shares of NYSEARCA:NORW opened at $33.64 on Monday. The company’s 50-day moving average price is $37.55 and its two-hundred day moving average price is $35.06. Global X MSCI Norway ETF has a one year low of $27.84 and a one year high of $39.39. The stock has a market capitalization of $143.98 million, a PE ratio of 12.35 and a beta of 0.68.
Global X MSCI Norway ETF Company Profile
The Global X MSCI Norway ETF (NORW) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. NORW was launched on Nov 9, 2010 and is managed by Global X.
Featured Articles
- Five stocks we like better than Global X MSCI Norway ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for Global X MSCI Norway ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MSCI Norway ETF and related companies with MarketBeat.com's FREE daily email newsletter.
