Global X Disruptive Materials ETF (NASDAQ:DMAT) Short Interest Update

Global X Disruptive Materials ETF (NASDAQ:DMAT) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 33.3% from the February 28th total of 2,100 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Global X Disruptive Materials ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DMAT. Cetera Investment Advisers acquired a new stake in Global X Disruptive Materials ETF in the fourth quarter worth about $151,000. Citadel Advisors LLC acquired a new position in shares of Global X Disruptive Materials ETF in the 4th quarter worth approximately $175,000. Envestnet Asset Management Inc. bought a new stake in shares of Global X Disruptive Materials ETF in the 4th quarter worth approximately $150,000. Finally, Jane Street Group LLC raised its position in shares of Global X Disruptive Materials ETF by 136.2% during the third quarter. Jane Street Group LLC now owns 29,044 shares of the company’s stock worth $463,000 after purchasing an additional 16,746 shares during the period. 5.34% of the stock is owned by institutional investors.

Global X Disruptive Materials ETF Trading Down 2.0 %

NASDAQ DMAT traded down $0.30 during trading hours on Monday, reaching $14.89. The company’s stock had a trading volume of 674 shares, compared to its average volume of 2,222. The stock has a market cap of $5.06 million, a PE ratio of -2,171.02 and a beta of 1.05. Global X Disruptive Materials ETF has a 52 week low of $12.28 and a 52 week high of $17.82. The business has a 50-day simple moving average of $15.04 and a 200 day simple moving average of $15.29.

Global X Disruptive Materials ETF Company Profile

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.