Short Interest in Global X Thematic Growth ETF (NASDAQ:GXTG) Declines By 41.5%

Global X Thematic Growth ETF (NASDAQ:GXTG) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 2,400 shares, a decrease of 41.5% from the February 13th total of 4,100 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is currently 0.5 days.

Global X Thematic Growth ETF Trading Up 2.0 %

Shares of GXTG stock traded up $0.46 on Friday, reaching $23.83. The company had a trading volume of 951 shares, compared to its average volume of 5,223. The stock has a market cap of $14.30 million, a PE ratio of 23.12 and a beta of 1.23. The company has a 50-day moving average of $24.16 and a 200-day moving average of $24.37. Global X Thematic Growth ETF has a 12 month low of $21.41 and a 12 month high of $26.12.

Global X Thematic Growth ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.1254 dividend. The ex-dividend date was Monday, December 30th.

Institutional Trading of Global X Thematic Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. bought a new stake in shares of Global X Thematic Growth ETF in the 4th quarter valued at about $46,000. Elmwood Wealth Management Inc. grew its position in shares of Global X Thematic Growth ETF by 0.7% in the 4th quarter. Elmwood Wealth Management Inc. now owns 73,507 shares of the company’s stock valued at $1,725,000 after purchasing an additional 491 shares during the period. GTS Securities LLC grew its position in shares of Global X Thematic Growth ETF by 147.1% in the 4th quarter. GTS Securities LLC now owns 32,864 shares of the company’s stock valued at $771,000 after purchasing an additional 19,562 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of Global X Thematic Growth ETF by 5.3% in the 4th quarter. HighTower Advisors LLC now owns 25,316 shares of the company’s stock valued at $594,000 after purchasing an additional 1,265 shares during the period.

Global X Thematic Growth ETF Company Profile

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.