Global X India Active ETF (NYSEARCA:NDIA) Short Interest Down 92.7% in April

Global X India Active ETF (NYSEARCA:NDIA) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 956 shares, a decline of 92.7% from the April 15th total of 13,102 shares. Based on an average daily trading volume, of 5,544 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Global X India Active ETF

Several large investors have recently bought and sold shares of NDIA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Global X India Active ETF during the 2nd quarter valued at $5,540,000. Jane Street Group LLC acquired a new position in Global X India Active ETF during the 2nd quarter valued at $327,000. IHT Wealth Management LLC raised its stake in Global X India Active ETF by 7.3% during the 2nd quarter. IHT Wealth Management LLC now owns 16,250 shares of the company’s stock valued at $499,000 after purchasing an additional 1,100 shares during the last quarter. Boothe Investment Group Inc. raised its stake in Global X India Active ETF by 1.7% during the 3rd quarter. Boothe Investment Group Inc. now owns 388,685 shares of the company’s stock valued at $11,137,000 after purchasing an additional 6,648 shares during the last quarter. Finally, Empire Financial Management Company LLC raised its stake in Global X India Active ETF by 2.7% during the 4th quarter. Empire Financial Management Company LLC now owns 47,115 shares of the company’s stock valued at $1,404,000 after purchasing an additional 1,220 shares during the last quarter.

Global X India Active ETF Stock Performance

Shares of Global X India Active ETF stock traded down $0.55 on Tuesday, reaching $25.97. The stock had a trading volume of 15,097 shares, compared to its average volume of 7,117. The business’s 50-day moving average price is $27.10 and its two-hundred day moving average price is $28.79. Global X India Active ETF has a fifty-two week low of $25.04 and a fifty-two week high of $31.93. The stock has a market cap of $53.50 million, a P/E ratio of 26.49 and a beta of 0.41.

About Global X India Active ETF

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.