Global X Thematic Growth ETF (NASDAQ:GXTG) Short Interest Update

Global X Thematic Growth ETF (NASDAQ:GXTG) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 11,200 shares, an increase of 5,500.0% from the October 31st total of 200 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is presently 4.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Elmwood Wealth Management Inc. boosted its holdings in Global X Thematic Growth ETF by 17.9% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 73,016 shares of the company’s stock valued at $1,856,000 after purchasing an additional 11,076 shares in the last quarter. Cetera Advisors LLC acquired a new stake in shares of Global X Thematic Growth ETF in the 1st quarter valued at approximately $736,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Global X Thematic Growth ETF in the third quarter valued at approximately $45,000.

Global X Thematic Growth ETF Stock Performance

Global X Thematic Growth ETF stock traded up $0.45 during trading hours on Wednesday, reaching $25.36. 637 shares of the stock were exchanged, compared to its average volume of 6,667. Global X Thematic Growth ETF has a 52-week low of $21.41 and a 52-week high of $26.12. The stock has a market cap of $16.48 million, a P/E ratio of 16.66 and a beta of 1.23. The firm’s 50 day moving average is $24.85 and its 200 day moving average is $23.80.

Global X Thematic Growth ETF Company Profile

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.