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 in the month of August. As of August 31st, there was short interest totaling 2,008 shares, a decline of 82.8% from the August 15th total of 11,689 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 3,493 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Global X India Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of NDIA. Citadel Advisors LLC bought a new stake in shares of Global X India Active ETF in the 2nd quarter worth approximately $301,000. Boothe Investment Group Inc. raised its position in Global X India Active ETF by 4.0% during the 1st quarter. Boothe Investment Group Inc. now owns 416,991 shares of the company’s stock valued at $10,793,000 after purchasing an additional 16,060 shares during the last quarter. Empire Financial Management Company LLC lifted its holdings in Global X India Active ETF by 10.2% in the 1st quarter. Empire Financial Management Company LLC now owns 51,906 shares of the company’s stock worth $1,343,000 after buying an additional 4,791 shares during the period. Royal Bank of Canada lifted its holdings in Global X India Active ETF by 3.0% in the 1st quarter. Royal Bank of Canada now owns 129,015 shares of the company’s stock worth $3,339,000 after buying an additional 3,785 shares during the period. Finally, OLD Mission Capital LLC grew its position in shares of Global X India Active ETF by 171.0% in the 4th quarter. OLD Mission Capital LLC now owns 31,486 shares of the company’s stock worth $938,000 after buying an additional 19,867 shares during the last quarter.

Global X India Active ETF Price Performance

Shares of Global X India Active ETF stock traded up $0.19 during trading hours on Friday, reaching $26.81. The company had a trading volume of 8,008 shares, compared to its average volume of 9,356. Global X India Active ETF has a one year low of $25.04 and a one year high of $30.68. The business has a fifty day simple moving average of $27.34 and a 200 day simple moving average of $27.11. The firm has a market cap of $57.64 million, a PE ratio of 26.49 and a beta of 0.34.

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.