Short Interest in Global X Thematic Growth ETF (NASDAQ:GXTG) Decreases By 98.3%

Global X Thematic Growth ETF (NASDAQ:GXTG) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decrease of 98.3% from the September 30th total of 5,900 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Highline Wealth Partners LLC acquired a new position in shares of Global X Thematic Growth ETF during the third quarter valued at $45,000. Clarity Capital Partners LLC lifted its position in Global X Thematic Growth ETF by 13.3% in the 1st quarter. Clarity Capital Partners LLC now owns 23,631 shares of the company’s stock valued at $570,000 after purchasing an additional 2,779 shares during the last quarter. Elmwood Wealth Management Inc. boosted its stake in Global X Thematic Growth ETF by 17.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 73,016 shares of the company’s stock valued at $1,856,000 after purchasing an additional 11,076 shares during the period. Finally, Cetera Advisors LLC acquired a new stake in shares of Global X Thematic Growth ETF in the first quarter valued at approximately $736,000.

Global X Thematic Growth ETF Stock Performance

Shares of NASDAQ GXTG traded up $0.39 during trading on Friday, reaching $24.88. The stock had a trading volume of 1,808 shares, compared to its average volume of 7,192. The firm’s 50 day moving average price is $24.07 and its two-hundred day moving average price is $23.53. Global X Thematic Growth ETF has a one year low of $20.88 and a one year high of $26.12. The stock has a market cap of $16.17 million, a PE ratio of 16.66 and a beta of 1.23.

Global X Thematic Growth ETF Company Profile

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.