Global X Dax Germany ETF (NASDAQ:DAX) Short Interest Up 21.9% in December

Global X Dax Germany ETF (NASDAQ:DAX) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 43,400 shares, a growth of 21.9% from the December 15th total of 35,600 shares. Based on an average daily volume of 14,200 shares, the short-interest ratio is presently 3.1 days.

Global X Dax Germany ETF Stock Performance

Shares of Global X Dax Germany ETF stock traded up $0.19 during trading hours on Friday, reaching $34.79. 28,269 shares of the company were exchanged, compared to its average volume of 23,424. Global X Dax Germany ETF has a 1 year low of $29.93 and a 1 year high of $35.35. The stock’s fifty day moving average is $33.74 and its 200 day moving average is $33.45. The firm has a market cap of $68.88 million, a PE ratio of 15.06 and a beta of 1.01.

Global X Dax Germany ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a dividend of $0.0906 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Global X Dax Germany ETF

Several institutional investors and hedge funds have recently bought and sold shares of DAX. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Global X Dax Germany ETF in the 2nd quarter valued at approximately $37,000. Laffer Tengler Investments Inc. raised its position in Global X Dax Germany ETF by 10.7% during the third quarter. Laffer Tengler Investments Inc. now owns 7,472 shares of the exchange traded fund’s stock worth $262,000 after acquiring an additional 723 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its stake in Global X Dax Germany ETF by 452.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 62,347 shares of the exchange traded fund’s stock valued at $2,189,000 after buying an additional 51,058 shares in the last quarter.

Global X Dax Germany ETF Company Profile

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.