Global X Thematic Growth ETF (NASDAQ:GXTG) Short Interest Up 383.3% in December

Global X Thematic Growth ETF (NASDAQ:GXTG) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,900 shares, an increase of 383.3% from the December 15th total of 600 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is presently 1.2 days.

Global X Thematic Growth ETF Stock Performance

Shares of NASDAQ:GXTG traded up $0.15 during trading on Tuesday, hitting $23.37. The company’s stock had a trading volume of 1,627 shares, compared to its average volume of 2,203. Global X Thematic Growth ETF has a fifty-two week low of $21.41 and a fifty-two week high of $26.12. The business has a 50 day moving average price of $24.60 and a two-hundred day moving average price of $23.99. The company has a market capitalization of $14.02 million, a PE ratio of 16.66 and a beta of 1.23.

Global X Thematic Growth ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a dividend of $0.1254 per share. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Global X Thematic Growth ETF

An institutional investor recently raised its position in Global X Thematic Growth ETF stock. Elmwood Wealth Management Inc. lifted its position in shares of Global X Thematic Growth ETF (NASDAQ:GXTG) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,507 shares of the company’s stock after purchasing an additional 491 shares during the period. Elmwood Wealth Management Inc. owned about 12.25% of Global X Thematic Growth ETF worth $1,725,000 at the end of the most recent reporting period.

About Global X Thematic Growth ETF

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.