Global X India Active ETF (NYSEARCA:NDIA) Short Interest Up 81.6% in January

Global X India Active ETF (NYSEARCA:NDIA) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 7,946 shares, an increase of 81.6% from the January 15th total of 4,376 shares. Based on an average daily volume of 8,476 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 8,476 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Boothe Investment Group Inc. boosted its holdings in Global X India Active ETF by 3.2% in the 4th quarter. Boothe Investment Group Inc. now owns 400,931 shares of the company’s stock valued at $11,948,000 after purchasing an additional 12,246 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Global X India Active ETF by 48.1% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 266,900 shares of the company’s stock valued at $7,648,000 after buying an additional 86,660 shares during the period. Empire Financial Management Company LLC lifted its holdings in shares of Global X India Active ETF by 2.7% in the 4th quarter. Empire Financial Management Company LLC now owns 47,115 shares of the company’s stock valued at $1,404,000 after buying an additional 1,220 shares during the period. IHT Wealth Management LLC boosted its stake in shares of Global X India Active ETF by 7.3% in the second quarter. IHT Wealth Management LLC now owns 16,250 shares of the company’s stock valued at $499,000 after buying an additional 1,100 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Global X India Active ETF by 58.6% during the fourth quarter. Jane Street Group LLC now owns 11,411 shares of the company’s stock worth $340,000 after acquiring an additional 4,218 shares during the period.

Global X India Active ETF Stock Performance

NDIA traded down $0.10 during trading on Friday, hitting $29.53. The stock had a trading volume of 7,757 shares, compared to its average volume of 7,185. The firm has a market capitalization of $58.17 million, a P/E ratio of 26.49 and a beta of 0.19. Global X India Active ETF has a twelve month low of $25.69 and a twelve month high of $31.93. The company’s 50-day moving average price is $29.51 and its 200 day moving average price is $29.52.

Global X India Active ETF Company Profile

The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.