Short Interest in Global X E-Commerce ETF (NASDAQ:EBIZ) Increases By 1,084.6%

Global X E-Commerce ETF (NASDAQ:EBIZ) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 30,800 shares, a growth of 1,084.6% from the December 31st total of 2,600 shares. Based on an average daily volume of 14,500 shares, the short-interest ratio is currently 2.1 days.

Institutional Trading of Global X E-Commerce ETF

An institutional investor recently bought a new position in Global X E-Commerce ETF stock. CreativeOne Wealth LLC bought a new stake in Global X E-Commerce ETF (NASDAQ:EBIZ) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,999 shares of the company’s stock, valued at approximately $275,000. CreativeOne Wealth LLC owned about 0.47% of Global X E-Commerce ETF as of its most recent filing with the SEC.

Global X E-Commerce ETF Price Performance

Shares of EBIZ stock traded up $0.72 during trading hours on Tuesday, reaching $30.15. 5,597 shares of the company were exchanged, compared to its average volume of 11,470. The company has a market cap of $72.66 million, a price-to-earnings ratio of 33.69 and a beta of 1.24. The stock’s fifty day moving average is $28.54 and its two-hundred day moving average is $26.52. Global X E-Commerce ETF has a fifty-two week low of $20.10 and a fifty-two week high of $30.77.

Global X E-Commerce ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.0077 dividend. The ex-dividend date was Monday, December 30th.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.