Global X Guru Index ETF (NYSEARCA:GURU) Shares Shorted: Short Interest Down 88.1% in September

Global X Guru Index ETF (NYSEARCA:GURU) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 218 shares, a decline of 88.1% from the September 15th total of 1,826 shares. Based on an average daily trading volume, of 969 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Global X Guru Index ETF Stock Performance

NYSEARCA:GURU traded up $0.68 during mid-day trading on Friday, hitting $67.95. 1,305 shares of the company’s stock traded hands, compared to its average volume of 1,435. The company has a market cap of $60.48 million, a PE ratio of 21.69 and a beta of 1.00. The firm’s 50 day simple moving average is $69.16 and its 200 day simple moving average is $66.84. Global X Guru Index ETF has a 1 year low of $56.96 and a 1 year high of $71.08.

Institutional Investors Weigh In On Global X Guru Index ETF

A hedge fund recently raised its stake in Global X Guru Index ETF stock. Citadel Advisors LLC grew its stake in shares of Global X Guru Index ETF (NYSEARCA:GURU) by 54.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,326 shares of the company’s stock after buying an additional 2,579 shares during the period. Citadel Advisors LLC owned 0.81% of Global X Guru Index ETF worth $513,000 at the end of the most recent reporting period.

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.