Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Sees Large Increase in Short Interest

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,300 shares, an increase of 19.4% from the February 28th total of 3,600 shares. Based on an average daily trading volume, of 29,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Global X Telemedicine & Digital Health ETF Stock Up 1.5 %

NASDAQ:EDOC opened at $9.46 on Friday. The company has a market cap of $34.15 million, a P/E ratio of 40.83 and a beta of 0.88. Global X Telemedicine & Digital Health ETF has a twelve month low of $8.41 and a twelve month high of $11.91. The business has a 50 day moving average price of $10.49 and a two-hundred day moving average price of $10.14.

About Global X Telemedicine & Digital Health ETF

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.