Global X Guru Index ETF (NYSEARCA:GURU) Short Interest Update

Global X Guru Index ETF (NYSEARCA:GURU) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 4,008 shares, a drop of 30.5% from the December 31st total of 5,763 shares. Based on an average trading volume of 1,805 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 1,805 shares, the days-to-cover ratio is currently 2.2 days.

Global X Guru Index ETF Stock Down 1.0%

GURU traded down $0.62 during trading on Friday, reaching $61.44. The stock had a trading volume of 506 shares, compared to its average volume of 2,365. The firm has a market capitalization of $57.14 million, a price-to-earnings ratio of 21.69 and a beta of 1.03. Global X Guru Index ETF has a 1-year low of $41.57 and a 1-year high of $64.35. The stock has a 50 day moving average of $62.87 and a two-hundred day moving average of $60.02.

Institutional Trading of Global X Guru Index ETF

Hedge funds have recently modified their holdings of the company. Fulcrum Equity Management acquired a new position in Global X Guru Index ETF in the fourth quarter valued at about $258,000. IFP Advisors Inc increased its position in shares of Global X Guru Index ETF by 2.2% during the third quarter. IFP Advisors Inc now owns 14,103 shares of the company’s stock worth $840,000 after acquiring an additional 309 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Global X Guru Index ETF in the 3rd quarter valued at $37,000. Raymond James Financial Inc. increased its holdings in Global X Guru Index ETF by 45.1% during the 3rd quarter. Raymond James Financial Inc. now owns 4,905 shares of the company’s stock worth $292,000 after purchasing an additional 1,524 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in shares of Global X Guru Index ETF in the first quarter valued at about $51,000.

About Global X Guru Index ETF

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.