Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF – Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 4,246 shares, a drop of 64.7% from the August 15th total of 12,021 shares. Based on an average trading volume of 6,818 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.
Institutional Investors Weigh In On Global X Adaptive U.S. Risk Management ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ONOF. Citadel Advisors LLC acquired a new position in shares of Global X Adaptive U.S. Risk Management ETF in the second quarter worth $367,000. Maridea Wealth Management LLC acquired a new position in shares of Global X Adaptive U.S. Risk Management ETF during the 1st quarter valued at about $2,156,000. Finally, Cetera Investment Advisers lifted its stake in shares of Global X Adaptive U.S. Risk Management ETF by 1.2% in the first quarter. Cetera Investment Advisers now owns 297,246 shares of the company’s stock worth $10,774,000 after buying an additional 3,507 shares during the last quarter.
Global X Adaptive U.S. Risk Management ETF Price Performance
Shares of ONOF opened at $40.62 on Tuesday. The company has a market capitalization of $140.14 million, a price-to-earnings ratio of 26.12 and a beta of 0.78. Global X Adaptive U.S. Risk Management ETF has a fifty-two week low of $35.68 and a fifty-two week high of $41.62. The business’s 50-day moving average is $40.52 and its 200-day moving average is $39.11.
About Global X Adaptive U.S. Risk Management ETF
The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.
Further Reading
- Five stocks we like better than Global X Adaptive U.S. Risk Management ETF
- Clearance to Climb: Why Allegiant Has Room to Fly
- 3 Defense Stocks Riding the High-Energy Laser Boom
- Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
- Institutional Money Is Pouring Into These 2 Altcoin ETFs
Receive News & Ratings for Global X Adaptive U.S. Risk Management ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Adaptive U.S. Risk Management ETF and related companies with MarketBeat.com's FREE daily email newsletter.
