Global X MSCI Argentina ETF (NYSEARCA:ARGT) Short Interest Update

Global X MSCI Argentina ETF (NYSEARCA:ARGT) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 537,969 shares, an increase of 38.4% from the January 29th total of 388,616 shares. Approximately 6.0% of the company’s shares are short sold. Based on an average daily volume of 226,473 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily volume of 226,473 shares, the days-to-cover ratio is currently 2.4 days. Approximately 6.0% of the company’s shares are short sold.

Institutional Trading of Global X MSCI Argentina ETF

Hedge funds have recently modified their holdings of the company. Allworth Financial LP acquired a new position in Global X MSCI Argentina ETF during the second quarter valued at approximately $25,000. Geneos Wealth Management Inc. boosted its position in shares of Global X MSCI Argentina ETF by 37.1% during the third quarter. Geneos Wealth Management Inc. now owns 665 shares of the company’s stock worth $46,000 after purchasing an additional 180 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Global X MSCI Argentina ETF in the 2nd quarter valued at $53,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Global X MSCI Argentina ETF by 60.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,091 shares of the company’s stock valued at $92,000 after buying an additional 412 shares during the period. Finally, Kestra Advisory Services LLC bought a new stake in shares of Global X MSCI Argentina ETF in the 4th quarter valued at $97,000.

Global X MSCI Argentina ETF Stock Up 1.8%

Shares of Global X MSCI Argentina ETF stock traded up $1.52 during trading on Wednesday, reaching $87.80. 25,282 shares of the company were exchanged, compared to its average volume of 223,409. Global X MSCI Argentina ETF has a twelve month low of $66.49 and a twelve month high of $103.97. The business has a 50-day moving average price of $93.74 and a 200-day moving average price of $86.07. The firm has a market capitalization of $784.05 million, a price-to-earnings ratio of 13.65 and a beta of 1.10.

Global X MSCI Argentina ETF Company Profile

The Global X MSCI Argentina ETF (ARGT) is an exchange-traded fund that is based on the MSCI All Argentina 25\u002F50 index. The fund tracks a narrow index of companies with Argentine economic linkages that are selected and weighted by market cap. ARGT was launched on Mar 2, 2011 and is managed by Global X.