Short Interest in Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Drops By 53.7%

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 7,665 shares, a decline of 53.7% from the June 15th total of 16,541 shares. Currently, 2.6% of the company’s stock are sold short. Based on an average daily volume of 11,451 shares, the short-interest ratio is currently 0.7 days.

Global X Dorsey Wright Thematic ETF Stock Performance

Shares of Global X Dorsey Wright Thematic ETF stock traded up $0.33 on Tuesday, hitting $24.34. The company had a trading volume of 344 shares, compared to its average volume of 4,428. Global X Dorsey Wright Thematic ETF has a 1 year low of $21.50 and a 1 year high of $30.73. The stock has a 50 day moving average of $27.79 and a 200-day moving average of $25.54. The stock has a market capitalization of $7.06 million, a price-to-earnings ratio of 26.08 and a beta of 1.33.

Global X Dorsey Wright Thematic ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a dividend of $0.0831 per share. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On Global X Dorsey Wright Thematic ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GXDW. Bank of America Corp DE bought a new position in Global X Dorsey Wright Thematic ETF during the 3rd quarter valued at $95,000. AlphaCore Capital LLC bought a new stake in shares of Global X Dorsey Wright Thematic ETF in the 4th quarter worth $34,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Global X Dorsey Wright Thematic ETF by 65.5% in 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 in the last quarter.

About Global X Dorsey Wright Thematic ETF

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.