Short Interest in Global X Aging Population ETF (NASDAQ:AGNG) Increases By 850.0%

Global X Aging Population ETF (NASDAQ:AGNG) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, an increase of 850.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 8,300 shares, the days-to-cover ratio is currently 0.2 days.

Global X Aging Population ETF Price Performance

Shares of NASDAQ AGNG traded down $0.10 during midday trading on Monday, reaching $30.00. 1,623 shares of the company traded hands, compared to its average volume of 5,932. Global X Aging Population ETF has a 52 week low of $28.00 and a 52 week high of $33.64. The stock has a 50-day moving average price of $31.05 and a 200 day moving average price of $31.64. The company has a market cap of $57.30 million, a price-to-earnings ratio of 30.96 and a beta of 0.76.

Global X Aging Population ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a $0.1462 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Investors Weigh In On Global X Aging Population ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC purchased a new stake in shares of Global X Aging Population ETF during the third quarter valued at $312,000. Black Swift Group LLC boosted its holdings in shares of Global X Aging Population ETF by 10.2% in the third quarter. Black Swift Group LLC now owns 10,665 shares of the company’s stock worth $350,000 after buying an additional 990 shares during the period. Arkadios Wealth Advisors purchased a new position in shares of Global X Aging Population ETF in the third quarter worth approximately $403,000. Finally, REDW Wealth LLC raised its holdings in shares of Global X Aging Population ETF by 44.7% during the third quarter. REDW Wealth LLC now owns 36,814 shares of the company’s stock valued at $1,209,000 after acquiring an additional 11,380 shares during the period.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.