Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Sees Significant Increase in Short Interest

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 19,200 shares, an increase of 562.1% from the January 31st total of 2,900 shares. Based on an average daily volume of 22,100 shares, the short-interest ratio is presently 0.9 days.

Global X Telemedicine & Digital Health ETF Stock Up 0.1 %

Shares of NASDAQ:EDOC traded up $0.01 during midday trading on Friday, reaching $10.49. 15,844 shares of the company were exchanged, compared to its average volume of 20,309. Global X Telemedicine & Digital Health ETF has a fifty-two week low of $8.41 and a fifty-two week high of $11.91. The stock has a fifty day simple moving average of $10.64 and a two-hundred day simple moving average of $10.04. The firm has a market cap of $37.87 million, a PE ratio of 23.44 and a beta of 0.88.

About Global X Telemedicine & Digital Health ETF

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.