Global X Aging Population ETF (NASDAQ:AGNG) Short Interest Up 165.0% in June

Global X Aging Population ETF (NASDAQ:AGNG) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 37,505 shares, a growth of 165.0% from the May 31st total of 14,152 shares. Based on an average daily trading volume, of 13,891 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.6% of the shares of the company are short sold.

Global X Aging Population ETF Stock Performance

Global X Aging Population ETF stock traded down $0.44 during midday trading on Tuesday, hitting $35.93. 1,970 shares of the company were exchanged, compared to its average volume of 19,351. The firm has a market capitalization of $83.72 million, a PE ratio of 24.67 and a beta of 0.62. Global X Aging Population ETF has a fifty-two week low of $31.59 and a fifty-two week high of $39.48. The business has a fifty day simple moving average of $35.18 and a two-hundred day simple moving average of $36.10.

Global X Aging Population ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th will be paid a dividend of $0.1556 per share. The ex-dividend date of this dividend is Monday, June 29th.

Hedge Funds Weigh In On Global X Aging Population ETF

Several institutional investors have recently made changes to their positions in AGNG. Cetera Investment Advisers grew its position in Global X Aging Population ETF by 110.5% during the first quarter. Cetera Investment Advisers now owns 71,600 shares of the company’s stock valued at $2,549,000 after buying an additional 37,581 shares during the period. Bank of America Corp DE raised its position in shares of Global X Aging Population ETF by 118.8% in the third quarter. Bank of America Corp DE now owns 51,377 shares of the company’s stock worth $1,719,000 after acquiring an additional 27,898 shares during the period. Independent Financial Group LLC purchased a new stake in shares of Global X Aging Population ETF during the 1st quarter worth about $1,598,000. NewEdge Advisors LLC purchased a new stake in shares of Global X Aging Population ETF during the 4th quarter worth about $1,212,000. Finally, LPL Financial LLC grew its position in shares of Global X Aging Population ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 32,702 shares of the company’s stock valued at $1,174,000 after acquiring an additional 3,691 shares during the period.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.