Short Interest in Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Decreases By 45.6%

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 11,022 shares, a decline of 45.6% from the May 14th total of 20,263 shares. Currently, 3.8% of the shares of the stock are short sold. Based on an average trading volume of 7,004 shares, the days-to-cover ratio is currently 1.6 days.

Global X Dorsey Wright Thematic ETF Stock Up 3.3%

Shares of GXDW stock traded up $0.90 on Monday, reaching $28.58. The company had a trading volume of 2,024 shares, compared to its average volume of 3,873. The business’s 50-day moving average is $27.31 and its 200 day moving average is $25.35. Global X Dorsey Wright Thematic ETF has a one year low of $21.50 and a one year high of $30.73. The stock has a market capitalization of $8.29 million, a PE ratio of 26.08 and a beta of 1.32.

Institutional Trading of Global X Dorsey Wright Thematic ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GXDW. Ameritas Advisory Services LLC bought a new stake in shares of Global X Dorsey Wright Thematic ETF during the third quarter worth $102,000. Bank of America Corp DE acquired a new stake in shares of Global X Dorsey Wright Thematic ETF during the 3rd quarter valued at $95,000. AlphaCore Capital LLC bought a new stake in Global X Dorsey Wright Thematic ETF during the 4th quarter worth $34,000. Finally, AdvisorNet Financial Inc grew its position in Global X Dorsey Wright Thematic ETF by 65.5% during the 1st quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock worth $62,000 after acquiring an additional 1,099 shares during the last quarter.

Global X Dorsey Wright Thematic ETF Company Profile

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.