Global X Disruptive Materials ETF (NASDAQ:DMAT) Short Interest Update

Global X Disruptive Materials ETF (NASDAQ:DMAT) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 4,000 shares, a growth of 700.0% from the January 31st total of 500 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 1.8 days.

Global X Disruptive Materials ETF Stock Down 1.5 %

Shares of NASDAQ DMAT traded down $0.22 during trading on Friday, reaching $14.35. The company had a trading volume of 3,379 shares, compared to its average volume of 1,856. The company’s fifty day moving average price is $14.67 and its 200-day moving average price is $15.00. Global X Disruptive Materials ETF has a 12 month low of $12.28 and a 12 month high of $17.82. The stock has a market cap of $4.59 million, a P/E ratio of -2,092.14 and a beta of 0.89.

Global X Disruptive Materials ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.0949 per share. The ex-dividend date was Monday, December 30th. Global X Disruptive Materials ETF’s payout ratio is -2,186.91%.

Institutional Investors Weigh In On Global X Disruptive Materials ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. bought a new stake in shares of Global X Disruptive Materials ETF during the 4th quarter valued at about $150,000. Cetera Investment Advisers bought a new stake in shares of Global X Disruptive Materials ETF during the 4th quarter valued at about $151,000. Citadel Advisors LLC bought a new stake in shares of Global X Disruptive Materials ETF during the 4th quarter valued at about $175,000. Finally, Jane Street Group LLC boosted its position in shares of Global X Disruptive Materials ETF by 136.2% during the 3rd quarter. Jane Street Group LLC now owns 29,044 shares of the company’s stock valued at $463,000 after purchasing an additional 16,746 shares in the last quarter. Institutional investors own 5.34% of the company’s stock.

About Global X Disruptive Materials ETF

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.