Global X Dax Germany ETF (NASDAQ:DAX) Short Interest Update

Global X Dax Germany ETF (NASDAQ:DAX) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 26,300 shares, an increase of 6.9% from the September 15th total of 24,600 shares. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Investors Weigh In On Global X Dax Germany ETF

Large investors have recently bought and sold shares of the business. Concurrent Investment Advisors LLC purchased a new stake in Global X Dax Germany ETF during the first quarter valued at approximately $798,000. Geneos Wealth Management Inc. bought a new position in shares of Global X Dax Germany ETF during the 1st quarter valued at approximately $55,000. Finally, Benjamin F. Edwards & Company Inc. purchased a new stake in Global X Dax Germany ETF during the 2nd quarter valued at $37,000.

Global X Dax Germany ETF Stock Performance

Shares of DAX traded up $0.12 during mid-day trading on Thursday, hitting $34.42. 4,727 shares of the stock were exchanged, compared to its average volume of 12,435. The company has a market cap of $71.94 million, a PE ratio of 15.06 and a beta of 1.01. Global X Dax Germany ETF has a 52-week low of $25.90 and a 52-week high of $35.35. The firm has a 50-day moving average of $33.65 and a two-hundred day moving average of $32.99.

About Global X Dax Germany ETF

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.