Global X Disruptive Materials ETF (NASDAQ:DMAT) Short Interest Up 7.7% in October

Global X Disruptive Materials ETF (NASDAQ:DMAT) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,400 shares, a growth of 7.7% from the September 30th total of 1,300 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 0.5 days.

Global X Disruptive Materials ETF Stock Performance

NASDAQ DMAT opened at $16.14 on Friday. Global X Disruptive Materials ETF has a twelve month low of $12.28 and a twelve month high of $17.82. The stock has a market capitalization of $5.97 million, a PE ratio of -2,353.11 and a beta of 1.05. The stock has a 50-day simple moving average of $14.93 and a 200 day simple moving average of $15.18.

Hedge Funds Weigh In On Global X Disruptive Materials ETF

A hedge fund recently bought a new stake in Global X Disruptive Materials ETF stock. Versant Capital Management Inc purchased a new stake in shares of Global X Disruptive Materials ETF (NASDAQ:DMAT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,336 shares of the company’s stock, valued at approximately $94,000. Versant Capital Management Inc owned 1.71% of Global X Disruptive Materials ETF as of its most recent SEC filing. Institutional investors own 5.34% of the company’s stock.

About Global X Disruptive Materials ETF

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.