Short Interest in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Increases By 562.1%

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 19,200 shares, a growth of 562.1% from the January 31st total of 2,900 shares. Based on an average daily volume of 22,100 shares, the days-to-cover ratio is currently 0.9 days.

Global X Telemedicine & Digital Health ETF Stock Down 4.2 %

NASDAQ EDOC traded down $0.46 on Thursday, reaching $10.48. The company had a trading volume of 14,971 shares, compared to its average volume of 20,428. Global X Telemedicine & Digital Health ETF has a 52-week low of $8.41 and a 52-week high of $11.91. The stock has a market capitalization of $37.83 million, a P/E ratio of 23.44 and a beta of 0.88. The company’s fifty day moving average is $10.61 and its 200 day moving average is $10.03.

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.