Global X Aging Population ETF (NASDAQ:AGNG) Sees Large Drop in Short Interest

Global X Aging Population ETF (NASDAQ:AGNG) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 35,773 shares, a decrease of 73.1% from the December 15th total of 133,081 shares. Based on an average daily volume of 11,270 shares, the short-interest ratio is presently 3.2 days. Currently, 1.8% of the shares of the stock are short sold. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily volume of 11,270 shares, the short-interest ratio is presently 3.2 days.

Hedge Funds Weigh In On Global X Aging Population ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in shares of Global X Aging Population ETF by 118.8% during the third quarter. Bank of America Corp DE now owns 51,377 shares of the company’s stock valued at $1,719,000 after acquiring an additional 27,898 shares during the last quarter. Sei Investments Co. increased its holdings in Global X Aging Population ETF by 72.4% in the third quarter. Sei Investments Co. now owns 20,317 shares of the company’s stock valued at $680,000 after purchasing an additional 8,533 shares during the period. PNC Financial Services Group Inc. increased its holdings in Global X Aging Population ETF by 52.6% in the second quarter. PNC Financial Services Group Inc. now owns 2,900 shares of the company’s stock valued at $93,000 after purchasing an additional 1,000 shares during the period. Farther Finance Advisors LLC bought a new position in Global X Aging Population ETF during the 3rd quarter worth $33,000. Finally, HBW Advisory Services LLC acquired a new position in Global X Aging Population ETF during the 3rd quarter worth about $32,000.

Global X Aging Population ETF Trading Down 0.5%

Shares of AGNG stock opened at $36.88 on Tuesday. The business’s 50-day moving average price is $35.94 and its 200-day moving average price is $34.12. Global X Aging Population ETF has a 12 month low of $27.43 and a 12 month high of $37.30. The firm has a market capitalization of $74.50 million, a price-to-earnings ratio of 24.67 and a beta of 0.70.

Global X Aging Population ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a dividend of $0.1722 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 95.0%.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.