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

Global X Aging Population ETF (NASDAQ:AGNG) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 6,273 shares, a decline of 48.7% from the August 31st total of 12,229 shares. Based on an average daily volume of 9,254 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Global X Aging Population ETF Price Performance

Shares of AGNG stock opened at $36.68 on Wednesday. Global X Aging Population ETF has a fifty-two week low of $33.22 and a fifty-two week high of $39.48. The stock’s 50-day moving average is $37.64 and its two-hundred day moving average is $36.29. The firm has a market cap of $89.13 million, a P/E ratio of 24.67 and a beta of 0.61.

Institutional Trading of Global X Aging Population ETF

Several large investors have recently added to or reduced their stakes in the business. Paller Financial Services Inc lifted its stake in shares of Global X Aging Population ETF by 166.8% in the 2nd quarter. Paller Financial Services Inc now owns 85,907 shares of the company’s stock valued at $3,094,000 after purchasing an additional 53,711 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Global X Aging Population ETF by 110.5% in the first quarter. Cetera Investment Advisers now owns 71,600 shares of the company’s stock worth $2,549,000 after buying an additional 37,581 shares during the last quarter. Aspire Capital Advisors LLC lifted its position in shares of Global X Aging Population ETF by 4.1% in the second quarter. Aspire Capital Advisors LLC now owns 67,440 shares of the company’s stock worth $2,429,000 after buying an additional 2,641 shares during the last quarter. Citadel Advisors LLC boosted its stake in shares of Global X Aging Population ETF by 79.2% during the 2nd quarter. Citadel Advisors LLC now owns 55,642 shares of the company’s stock worth $2,004,000 after acquiring an additional 24,593 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new position in shares of Global X Aging Population ETF during the 1st quarter valued at about $1,598,000.

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.