Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) Stock Short Interest Declines 41.3%

Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 81 shares, a drop of 41.3% from the September 15th total of 138 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,083 shares, the days-to-cover ratio is currently 0.0 days.

Global X Morningstar Capital Allocation Leaders ETF Stock Performance

CPTL stock traded down $0.22 on Friday, hitting $48.92. 439 shares of the company’s stock were exchanged, compared to its average volume of 3,395. Global X Morningstar Capital Allocation Leaders ETF has a 12-month low of $40.41 and a 12-month high of $49.85. The firm has a 50 day moving average price of $48.54 and a two-hundred day moving average price of $47.19. The stock has a market cap of $113.00 million, a P/E ratio of 22.63 and a beta of 1.01.

Institutional Investors Weigh In On Global X Morningstar Capital Allocation Leaders ETF

Several institutional investors have recently added to or reduced their stakes in the business. Ascentis Independent Advisors acquired a new position in shares of Global X Morningstar Capital Allocation Leaders ETF during the first quarter valued at about $70,000. Syntegra Private Wealth Group LLC grew its position in Global X Morningstar Capital Allocation Leaders ETF by 14.8% during the 1st quarter. Syntegra Private Wealth Group LLC now owns 10,976 shares of the company’s stock worth $456,000 after purchasing an additional 1,418 shares during the last quarter. Wealthfront Advisers LLC grew its position in Global X Morningstar Capital Allocation Leaders ETF by 3.7% during the 1st quarter. Wealthfront Advisers LLC now owns 28,058 shares of the company’s stock worth $1,166,000 after purchasing an additional 999 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Global X Morningstar Capital Allocation Leaders ETF by 1.7% during the 1st quarter. Bank of America Corp DE now owns 20,576 shares of the company’s stock worth $855,000 after purchasing an additional 348 shares during the last quarter.

Global X Morningstar Capital Allocation Leaders ETF Company Profile

Global X Conscious Companies ETF is an exchange-traded fund managed by Global X Management Company LLC. The fund seeks to provide diversified exposure to companies that demonstrate a commitment to responsible corporate practices and positive relationships with key stakeholders, including employees, customers, suppliers, communities and shareholders.

The portfolio is designed to follow an index-based investment approach and generally invests in equity securities of companies that meet defined environmental, social and governance-related criteria.