Global X India Active ETF (NYSEARCA:NDIA) Short Interest Update

Global X India Active ETF (NYSEARCA:NDIA) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 956 shares, a decline of 92.7% from the April 15th total of 13,102 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,544 shares, the days-to-cover ratio is currently 0.2 days.

Global X India Active ETF Price Performance

NDIA traded down $0.94 on Monday, reaching $26.52. 2,096 shares of the company’s stock were exchanged, compared to its average volume of 7,027. The stock has a market cap of $54.63 million, a PE ratio of 26.49 and a beta of 0.41. Global X India Active ETF has a twelve month low of $25.04 and a twelve month high of $31.93. The stock’s fifty day moving average price is $27.10 and its 200-day moving average price is $28.79.

Hedge Funds Weigh In On Global X India Active ETF

Institutional investors have recently bought and sold shares of the company. Boothe Investment Group Inc. raised its stake in Global X India Active ETF by 1.7% during the third quarter. Boothe Investment Group Inc. now owns 388,685 shares of the company’s stock worth $11,137,000 after purchasing an additional 6,648 shares during the period. Jane Street Group LLC raised its stake in Global X India Active ETF by 58.6% during the fourth quarter. Jane Street Group LLC now owns 11,411 shares of the company’s stock worth $340,000 after purchasing an additional 4,218 shares during the period. OLD Mission Capital LLC raised its stake in Global X India Active ETF by 171.0% during the fourth quarter. OLD Mission Capital LLC now owns 31,486 shares of the company’s stock worth $938,000 after purchasing an additional 19,867 shares during the period. Empire Financial Management Company LLC raised its stake in Global X India Active ETF by 2.7% during the fourth quarter. Empire Financial Management Company LLC now owns 47,115 shares of the company’s stock worth $1,404,000 after purchasing an additional 1,220 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Global X India Active ETF by 48.1% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 266,900 shares of the company’s stock worth $7,648,000 after purchasing an additional 86,660 shares during the period.

Global X India Active ETF Company Profile

The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.