Global X HealthTech ETF (NASDAQ:HEAL) Short Interest Up 227.0% in January

Global X HealthTech ETF (NASDAQ:HEALGet Free Report) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 25,312 shares, an increase of 227.0% from the December 31st total of 7,741 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily volume of 22,171 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 22,171 shares, the short-interest ratio is presently 1.1 days. Approximately 1.9% of the shares of the stock are short sold.

Institutional Investors Weigh In On Global X HealthTech ETF

Several hedge funds have recently added to or reduced their stakes in the company. AE Wealth Management LLC purchased a new position in shares of Global X HealthTech ETF in the 3rd quarter worth about $34,000. Banque Cantonale Vaudoise bought a new stake in Global X HealthTech ETF in the 3rd quarter worth approximately $37,000. Glenmede Investment Management LP bought a new position in Global X HealthTech ETF during the third quarter valued at approximately $31,000. Daiwa Securities Group Inc. bought a new position in Global X HealthTech ETF during the third quarter valued at approximately $11,239,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Global X HealthTech ETF during the third quarter worth approximately $274,000.

Global X HealthTech ETF Stock Performance

Global X HealthTech ETF stock traded down $0.40 during mid-day trading on Friday, hitting $28.45. 5,221 shares of the company traded hands, compared to its average volume of 13,096. Global X HealthTech ETF has a one year low of $24.48 and a one year high of $35.73. The stock has a market cap of $37.84 million, a price-to-earnings ratio of 42.80 and a beta of 1.13. The stock has a fifty day moving average price of $30.40 and a 200-day moving average price of $31.19.

Global X HealthTech ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a $0.0718 dividend. The ex-dividend date was Tuesday, December 30th.

Global X HealthTech ETF Company Profile

(Get Free Report)

An ETF that invests in companies at the intersection of healthcare and technology, targeting innovations in drug discovery, medical devices, consumer healthcare, and analytics.

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