Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,300 shares, a growth of 160.0% from the February 29th total of 500 shares. Based on an average trading volume of 6,400 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Global X E-Commerce ETF

Several large investors have recently modified their holdings of the stock. Tidemark LLC bought a new position in Global X E-Commerce ETF in the fourth quarter valued at about $31,000. Activest Wealth Management bought a new position in shares of Global X E-Commerce ETF during the fourth quarter worth about $34,000. Credit Suisse AG bought a new position in shares of Global X E-Commerce ETF during the second quarter worth about $156,000. CreativeOne Wealth LLC acquired a new stake in Global X E-Commerce ETF during the second quarter worth approximately $210,000. Finally, Susquehanna International Group LLP acquired a new stake in Global X E-Commerce ETF during the fourth quarter worth approximately $207,000.

Global X E-Commerce ETF Stock Down 0.3 %

Shares of EBIZ stock traded down $0.06 during trading on Thursday, reaching $23.90. 13,888 shares of the company’s stock were exchanged, compared to its average volume of 6,126. The stock has a market capitalization of $83.65 million, a PE ratio of 62.14 and a beta of 1.24. Global X E-Commerce ETF has a twelve month low of $16.29 and a twelve month high of $24.32. The firm’s fifty day moving average price is $22.12 and its 200-day moving average price is $20.09.

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.