Global X Guru Index ETF (NYSEARCA:GURU) Shares Shorted: Short Interest Down 88.1% in September

Global X Guru Index ETF (NYSEARCA:GURU) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 218 shares, a drop of 88.1% from the September 15th total of 1,826 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 969 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Global X Guru Index ETF

A hedge fund recently raised its position in Global X Guru Index ETF stock. Citadel Advisors LLC increased its holdings in Global X Guru Index ETF (NYSEARCA:GURU) by 54.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,326 shares of the company’s stock after purchasing an additional 2,579 shares during the period. Citadel Advisors LLC owned 0.81% of Global X Guru Index ETF worth $513,000 as of its most recent SEC filing.

Global X Guru Index ETF Stock Performance

Global X Guru Index ETF stock traded up $0.68 during midday trading on Friday, reaching $67.95. 1,305 shares of the company were exchanged, compared to its average volume of 1,435. The firm’s 50-day simple moving average is $69.16 and its 200-day simple moving average is $66.84. Global X Guru Index ETF has a 1 year low of $56.96 and a 1 year high of $71.08. The company has a market capitalization of $60.48 million, a price-to-earnings ratio of 21.69 and a beta of 1.00.

About Global X Guru Index ETF

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.