Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Short Interest Up 23,100.0% in August

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 232 shares, a growth of 23,100.0% from the August 15th total of 1 shares. Based on an average daily trading volume, of 781 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE purchased a new position in Global X Dorsey Wright Thematic ETF in the 3rd quarter valued at approximately $95,000. AlphaCore Capital LLC acquired a new position in Global X Dorsey Wright Thematic ETF during the 4th quarter worth approximately $34,000. Finally, AdvisorNet Financial Inc increased its holdings in Global X Dorsey Wright Thematic ETF by 65.5% in the first quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock valued at $62,000 after buying an additional 1,099 shares during the last quarter.

Global X Dorsey Wright Thematic ETF Price Performance

GXDW traded down $0.40 on Thursday, reaching $23.87. 227 shares of the company’s stock were exchanged, compared to its average volume of 3,856. Global X Dorsey Wright Thematic ETF has a twelve month low of $21.50 and a twelve month high of $30.73. The stock has a market cap of $6.21 million, a PE ratio of 26.08 and a beta of 1.35. The stock’s fifty day moving average price is $24.14 and its 200-day moving average price is $25.27.

Global X Dorsey Wright Thematic ETF Announces Dividend

The business also recently declared a semiannual dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a dividend of $0.0831 per share. The ex-dividend date was Monday, June 29th. This represents a dividend yield of 65.0%.

Global X Dorsey Wright Thematic ETF Company Profile

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.