Global X S&P 500 U.S. Revenue Leaders ETF (NYSEARCA:EGLE) Shares Shorted: Short Interest Up 491.1% in October

Global X S&P 500 U.S. Revenue Leaders ETF (NYSEARCA:EGLE) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 467 shares, an increase of 491.1% from the September 30th total of 79 shares. Based on an average daily volume of 98 shares, the days-to-cover ratio is presently 4.8 days. Approximately 0.7% of the shares of the company are sold short.

Global X S&P 500 U.S. Revenue Leaders ETF Price Performance

Shares of EGLE opened at $32.63 on Tuesday. The business’s 50 day simple moving average is $32.33 and its 200-day simple moving average is $30.31. The company has a market capitalization of $2.28 million, a P/E ratio of 21.32 and a beta of 0.84. Global X S&P 500 U.S. Revenue Leaders ETF has a one year low of $26.76 and a one year high of $32.93.