Short Interest in Global X Thematic Growth ETF (NASDAQ:GXTG) Drops By 12.8%

Global X Thematic Growth ETF (NASDAQ:GXTG) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 4,100 shares, a drop of 12.8% from the January 31st total of 4,700 shares. Based on an average daily volume of 4,300 shares, the short-interest ratio is presently 1.0 days.

Global X Thematic Growth ETF Price Performance

NASDAQ GXTG traded down $0.21 during trading hours on Thursday, reaching $23.94. The company’s stock had a trading volume of 454 shares, compared to its average volume of 5,305. The firm has a market capitalization of $14.36 million, a price-to-earnings ratio of 23.12 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. The company’s 50-day moving average is $24.16 and its two-hundred day moving average is $24.35.

Global X Thematic Growth ETF Announces Dividend

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

Institutional Trading of Global X Thematic Growth ETF

Institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new position in Global X Thematic Growth ETF during the 4th quarter valued at about $46,000. HighTower Advisors LLC increased its stake in Global X Thematic Growth ETF by 5.3% during the 4th 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. GTS Securities LLC raised its stake in shares of Global X Thematic Growth ETF by 147.1% in the fourth quarter. GTS Securities LLC now owns 32,864 shares of the company’s stock valued at $771,000 after acquiring an additional 19,562 shares in the last quarter. Finally, Elmwood Wealth Management Inc. grew its position in shares of Global X Thematic Growth ETF by 0.7% during the fourth quarter. Elmwood Wealth Management Inc. now owns 73,507 shares of the company’s stock worth $1,725,000 after buying an additional 491 shares in the last quarter.

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.