Global X India Active ETF (NYSEARCA:NDIA) Short Interest Down 82.8% in August

Global X India Active ETF (NYSEARCA:NDIA) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,008 shares, a decline of 82.8% from the August 15th total of 11,689 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 3,493 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Global X India Active ETF

A number of large investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in shares of Global X India Active ETF in the second quarter worth $301,000. Jane Street Group LLC acquired a new stake in shares of Global X India Active ETF during the second quarter valued at $327,000. IHT Wealth Management LLC increased its position 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 worth $499,000 after purchasing an additional 1,100 shares in the last quarter. OLD Mission Capital LLC increased its position in Global X India Active ETF by 171.0% during the 4th quarter. OLD Mission Capital LLC now owns 31,486 shares of the company’s stock worth $938,000 after purchasing an additional 19,867 shares in the last quarter. Finally, Empire Financial Management Company LLC raised its stake in Global X India Active ETF by 10.2% in the 1st quarter. Empire Financial Management Company LLC now owns 51,906 shares of the company’s stock valued at $1,343,000 after purchasing an additional 4,791 shares during the last quarter.

Global X India Active ETF Trading Up 0.6%

Shares of NDIA stock traded up $0.16 during trading hours on Friday, hitting $26.78. The company’s stock had a trading volume of 7,890 shares, compared to its average volume of 9,356. The business has a fifty day moving average of $27.35 and a 200-day moving average of $27.11. The stock has a market cap of $57.58 million, a price-to-earnings ratio of 26.49 and a beta of 0.34. Global X India Active ETF has a twelve month low of $25.04 and a twelve month high of $30.68.

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.