Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Short Interest Up 19.4% in March

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 4,300 shares, an increase of 19.4% from the February 28th total of 3,600 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 29,500 shares, the days-to-cover ratio is presently 0.1 days.

Global X Telemedicine & Digital Health ETF Price Performance

EDOC stock traded up $0.05 on Wednesday, hitting $9.43. 9,067 shares of the company were exchanged, compared to its average volume of 22,179. The stock has a market capitalization of $34.04 million, a price-to-earnings ratio of 40.83 and a beta of 0.88. The business’s fifty day moving average is $10.54 and its two-hundred day moving average is $10.15. Global X Telemedicine & Digital Health ETF has a twelve month low of $8.41 and a twelve month high of $11.91.

About Global X Telemedicine & Digital Health ETF

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.