Global X Thematic Growth ETF (NASDAQ:GXTG) Short Interest Up 383.3% in December

Global X Thematic Growth ETF (NASDAQ:GXTG) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,900 shares, a growth of 383.3% from the December 15th total of 600 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of Global X Thematic Growth ETF

A hedge fund recently raised its stake in Global X Thematic Growth ETF stock. Elmwood Wealth Management Inc. boosted its stake in shares of Global X Thematic Growth ETF (NASDAQ:GXTG) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,507 shares of the company’s stock after acquiring an additional 491 shares during the quarter. Elmwood Wealth Management Inc. owned about 12.25% of Global X Thematic Growth ETF worth $1,725,000 as of its most recent filing with the Securities and Exchange Commission.

Global X Thematic Growth ETF Stock Performance

NASDAQ GXTG traded up $0.46 during trading on Wednesday, reaching $23.83. 678 shares of the company’s stock were exchanged, compared to its average volume of 2,031. The company has a 50 day moving average price of $24.56 and a two-hundred day moving average price of $24.00. The stock has a market cap of $14.30 million, a P/E ratio of 16.66 and a beta of 1.23. Global X Thematic Growth ETF has a 1 year low of $21.41 and a 1 year high of $26.12.

Global X Thematic Growth ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1254 dividend. The ex-dividend date was Monday, December 30th.

Global X Thematic Growth ETF Company Profile

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.