Short Interest in Global X Disruptive Materials ETF (NASDAQ:DMAT) Increases By 7.7%

Global X Disruptive Materials ETF (NASDAQ:DMAT) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,400 shares, a growth of 7.7% from the September 30th total of 1,300 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 0.5 days.

Global X Disruptive Materials ETF Price Performance

Shares of NASDAQ:DMAT opened at $16.14 on Friday. The firm has a market capitalization of $5.97 million, a PE ratio of -2,353.11 and a beta of 1.05. The firm’s 50-day moving average is $14.93 and its two-hundred day moving average is $15.18. Global X Disruptive Materials ETF has a 1 year low of $12.28 and a 1 year high of $17.82.

Institutional Trading of Global X Disruptive Materials ETF

A hedge fund recently bought a new stake in Global X Disruptive Materials ETF stock. Versant Capital Management Inc bought a new position in shares of Global X Disruptive Materials ETF (NASDAQ:DMAT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,336 shares of the company’s stock, valued at approximately $94,000. Versant Capital Management Inc owned 1.71% of Global X Disruptive Materials ETF as of its most recent filing with the Securities and Exchange Commission (SEC). 5.34% of the stock is currently owned by institutional investors.

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.