Global X India Active ETF (NYSEARCA:NDIA) Stock Short Interest Report for October

Global X India Active ETF (NYSEARCA:NDIA) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 450 shares, a decrease of 99.3% from the October 15th total of 63,872 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,915 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of NDIA. Boothe Investment Group Inc. grew its position in shares of Global X India Active ETF by 4.9% in the 3rd quarter. Boothe Investment Group Inc. now owns 584,158 shares of the company’s stock valued at $15,247,000 after buying an additional 27,453 shares during the last quarter. Royal Bank of Canada raised its stake in Global X India Active ETF by 3.0% during the 1st quarter. Royal Bank of Canada now owns 129,015 shares of the company’s stock worth $3,339,000 after acquiring an additional 3,785 shares in the last quarter. Empire Financial Management Company LLC raised its stake in Global X India Active ETF by 10.2% during the 1st quarter. Empire Financial Management Company LLC now owns 51,906 shares of the company’s stock worth $1,343,000 after acquiring an additional 4,791 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in Global X India Active ETF during the 2nd quarter worth $301,000.

Global X India Active ETF Stock Performance

NDIA stock traded up $0.34 during midday trading on Tuesday, reaching $29.04. 7,243 shares of the company were exchanged, compared to its average volume of 8,502. Global X India Active ETF has a 1-year low of $25.04 and a 1-year high of $30.42. The stock’s 50-day simple moving average is $26.63 and its 200 day simple moving average is $27.21. The company has a market cap of $55.76 million, a price-to-earnings ratio of 26.49 and a beta of 0.35.

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.