Global X FinTech Thematic ETF (NASDAQ:FINX) Short Interest Up 28.1% in November

Global X FinTech Thematic ETF (NASDAQ:FINX) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 213,900 shares, a growth of 28.1% from the October 31st total of 167,000 shares. Based on an average trading volume of 75,400 shares, the short-interest ratio is currently 2.8 days.

Institutional Investors Weigh In On Global X FinTech Thematic ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FINX. Sanctuary Advisors LLC bought a new position in Global X FinTech Thematic ETF during the third quarter worth $207,000. MML Investors Services LLC increased its stake in shares of Global X FinTech Thematic ETF by 15.5% in the third quarter. MML Investors Services LLC now owns 12,263 shares of the company’s stock worth $344,000 after purchasing an additional 1,648 shares in the last quarter. TRU Independence Asset Management 2 LLC purchased a new position in Global X FinTech Thematic ETF in the 3rd quarter valued at approximately $301,000. Creative Financial Designs Inc. ADV grew its position in shares of Global X FinTech Thematic ETF by 22.6% in the third quarter. Creative Financial Designs Inc. ADV now owns 17,581 shares of the company’s stock valued at $493,000 after purchasing an additional 3,236 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Global X FinTech Thematic ETF by 5,742.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 78,400 shares of the company’s stock valued at $2,202,000 after buying an additional 77,058 shares in the last quarter.

Global X FinTech Thematic ETF Trading Down 0.7 %

NASDAQ:FINX traded down $0.24 on Monday, hitting $33.76. 54,446 shares of the company’s stock traded hands, compared to its average volume of 76,241. Global X FinTech Thematic ETF has a 1 year low of $22.91 and a 1 year high of $34.20. The firm has a 50-day moving average price of $30.17 and a 200-day moving average price of $27.43. The company has a market cap of $324.77 million, a PE ratio of 29.40 and a beta of 1.35.

Global X FinTech Thematic ETF Company Profile

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.