Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 2,600 shares, a growth of 550.0% from the November 30th total of 400 shares. Based on an average daily trading volume, of 6,900 shares, the short-interest ratio is presently 0.4 days.

Global X E-Commerce ETF Price Performance

Shares of Global X E-Commerce ETF stock traded down $0.50 during trading on Friday, reaching $28.08. 1,648 shares of the company traded hands, compared to its average volume of 12,334. The firm has a market capitalization of $59.25 million, a PE ratio of 33.69 and a beta of 1.24. Global X E-Commerce ETF has a 1-year low of $19.77 and a 1-year high of $30.77. The company has a 50 day moving average price of $28.01 and a 200-day moving average price of $25.85.

Hedge Funds Weigh In On Global X E-Commerce ETF

A hedge fund recently bought a new stake in Global X E-Commerce ETF stock. CreativeOne Wealth LLC purchased a new position in Global X E-Commerce ETF (NASDAQ:EBIZ) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,999 shares of the company’s stock, valued at approximately $275,000. CreativeOne Wealth LLC owned approximately 0.47% of Global X E-Commerce ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Global X E-Commerce ETF Company Profile

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.