Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Short Interest Update

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQGet Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 39,483 shares, a growth of 170.2% from the April 15th total of 14,611 shares. Based on an average trading volume of 22,819 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.5% of the company’s stock are sold short.

Global X MSCI China Consumer Discretionary ETF Stock Down 2.4%

Global X MSCI China Consumer Discretionary ETF stock traded down $0.47 during trading on Friday, reaching $19.31. The stock had a trading volume of 47,650 shares, compared to its average volume of 56,787. Global X MSCI China Consumer Discretionary ETF has a 52-week low of $19.11 and a 52-week high of $24.67. The business has a 50 day moving average price of $19.96 and a 200 day moving average price of $21.10. The stock has a market cap of $144.25 million, a PE ratio of 15.04 and a beta of 0.33.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CHIQ. Fifth Third Securities Inc. purchased a new position in Global X MSCI China Consumer Discretionary ETF in the fourth quarter worth approximately $348,000. Flow Traders U.S. LLC purchased a new position in Global X MSCI China Consumer Discretionary ETF in the second quarter worth approximately $306,000. Finally, Goldman Sachs Group Inc. purchased a new position in Global X MSCI China Consumer Discretionary ETF in the first quarter worth approximately $252,000.

About Global X MSCI China Consumer Discretionary ETF

(Get Free Report)

Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.

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