Global X Thematic Growth ETF (NASDAQ:GXTG) Sees Large Increase in Short Interest

Global X Thematic Growth ETF (NASDAQ:GXTG) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 4,700 shares, a growth of 4,600.0% from the January 15th total of 100 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Investors Weigh In On Global X Thematic Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elmwood Wealth Management Inc. boosted its holdings in shares of Global X Thematic Growth ETF by 0.7% in the 4th quarter. Elmwood Wealth Management Inc. now owns 73,507 shares of the company’s stock worth $1,725,000 after purchasing an additional 491 shares during the period. HighTower Advisors LLC boosted its stake in Global X Thematic Growth ETF by 5.3% during the fourth quarter. HighTower Advisors LLC now owns 25,316 shares of the company’s stock worth $594,000 after buying an additional 1,265 shares during the period. SBI Securities Co. Ltd. bought a new position in Global X Thematic Growth ETF during the fourth quarter valued at $46,000. Finally, Highline Wealth Partners LLC bought a new position in Global X Thematic Growth ETF during the third quarter valued at $45,000.

Global X Thematic Growth ETF Stock Up 1.4 %

Shares of NASDAQ:GXTG opened at $24.88 on Friday. The firm has a fifty day simple moving average of $24.18 and a two-hundred day simple moving average of $24.14. Global X Thematic Growth ETF has a 52 week low of $21.41 and a 52 week high of $26.12. The stock has a market capitalization of $14.93 million, a P/E ratio of 16.66 and a beta of 1.23.

Global X Thematic Growth ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1254 per share. The ex-dividend date was Monday, December 30th.

About Global X Thematic Growth ETF

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.