Short Interest in Global X Thematic Growth ETF (NASDAQ:GXTG) Grows By 4,600.0%

Global X Thematic Growth ETF (NASDAQ:GXTG) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 4,700 shares, an increase of 4,600.0% from the January 15th total of 100 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Trading of Global X Thematic Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of GXTG. Highline Wealth Partners LLC bought a new position in Global X Thematic Growth ETF during the third quarter worth about $45,000. Elmwood Wealth Management Inc. boosted its stake in shares of Global X Thematic Growth ETF by 0.7% during the 4th quarter. Elmwood Wealth Management Inc. now owns 73,507 shares of the company’s stock worth $1,725,000 after acquiring an additional 491 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Global X Thematic Growth ETF during the 4th quarter worth approximately $46,000. Finally, HighTower Advisors LLC raised its stake in Global X Thematic Growth ETF by 5.3% in the 4th quarter. HighTower Advisors LLC now owns 25,316 shares of the company’s stock valued at $594,000 after acquiring an additional 1,265 shares during the period.

Global X Thematic Growth ETF Stock Up 0.2 %

GXTG traded up $0.05 during trading hours on Wednesday, hitting $24.44. 850 shares of the company’s stock were exchanged, compared to its average volume of 3,395. Global X Thematic Growth ETF has a 1-year low of $21.41 and a 1-year high of $26.12. The stock’s 50-day moving average is $24.20 and its two-hundred day moving average is $24.14. The stock has a market cap of $14.66 million, a price-to-earnings ratio of 16.66 and a beta of 1.23.

Global X Thematic Growth ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1254 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.