Global X India Active ETF (NYSEARCA:NDIA) Stock Short Interest Climbs 4,141.2%

Global X India Active ETF (NYSEARCA:NDIA – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 63,872 shares, a growth of 4,141.2% from the September 30th total of 1,506 shares. Approximately 3.5% of the shares of the stock are sold short. Based on an average daily volume of 8,118 shares, the short-interest ratio is currently 7.9 days.

Global X India Active ETF Trading Up 0.0%

Shares of NYSEARCA:NDIA traded up $0.01 on Monday, reaching $26.01. 602 shares of the company were exchanged, compared to its average volume of 8,812. Global X India Active ETF has a 1-year low of $25.04 and a 1-year high of $30.42. The firm has a market cap of $48.12 million, a price-to-earnings ratio of 26.49 and a beta of 0.36. The company has a 50-day moving average of $26.68 and a 200-day moving average of $26.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NDIA. Boothe Investment Group Inc. grew its position in shares of Global X India Active ETF by 4.9% during the third quarter. Boothe Investment Group Inc. now owns 584,158 shares of the company’s stock worth $15,247,000 after buying an additional 27,453 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Global X India Active ETF in the second quarter valued at $301,000. Empire Financial Management Company LLC raised its holdings in Global X India Active ETF by 10.2% in the first quarter. Empire Financial Management Company LLC now owns 51,906 shares of the company’s stock valued at $1,343,000 after acquiring an additional 4,791 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in Global X India Active ETF by 3.0% in the first quarter. Royal Bank of Canada now owns 129,015 shares of the company’s stock valued at $3,339,000 after acquiring an additional 3,785 shares in the last quarter.

Global X India Active ETF Company Profile

(Get Free Report)

The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.

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