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

Global X E-Commerce ETF (NASDAQ:EBIZ) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 5,300 shares, a decline of 92.4% from the February 13th total of 70,000 shares. Based on an average daily volume of 21,700 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Global X E-Commerce ETF Trading Up 0.4 %

Shares of EBIZ stock traded up $0.11 on Wednesday, hitting $28.24. 5,210 shares of the stock were exchanged, compared to its average volume of 13,845. The firm has a market capitalization of $68.89 million, a P/E ratio of 22.56 and a beta of 1.24. Global X E-Commerce ETF has a fifty-two week low of $21.33 and a fifty-two week high of $32.37. The business has a 50-day moving average of $29.52 and a 200 day moving average of $27.91.

Global X E-Commerce ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.0077 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On Global X E-Commerce ETF

Several hedge funds have recently made changes to their positions in the business. CreativeOne Wealth LLC acquired a new position in Global X E-Commerce ETF during the third quarter worth $275,000. Cetera Investment Advisers lifted its position in Global X E-Commerce ETF by 31.4% during the 4th quarter. Cetera Investment Advisers now owns 24,779 shares of the company’s stock worth $687,000 after buying an additional 5,920 shares in the last quarter. Vivaldi Capital Management LP boosted its stake in shares of Global X E-Commerce ETF by 9.2% during the 4th quarter. Vivaldi Capital Management LP now owns 11,184 shares of the company’s stock worth $329,000 after buying an additional 943 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Global X E-Commerce ETF by 15.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 16,459 shares of the company’s stock worth $457,000 after buying an additional 2,248 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Global X E-Commerce ETF by 26.3% in the 4th quarter. LPL Financial LLC now owns 15,537 shares of the company’s stock valued at $431,000 after acquiring an additional 3,239 shares in the last quarter.

About Global X E-Commerce ETF

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.