Global X Dax Germany ETF (NASDAQ:DAX) Short Interest Up 6.9% in September

Global X Dax Germany ETF (NASDAQ:DAX) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 26,300 shares, a growth of 6.9% from the September 15th total of 24,600 shares. Based on an average daily trading volume, of 10,600 shares, the short-interest ratio is presently 2.5 days.

Global X Dax Germany ETF Price Performance

Global X Dax Germany ETF stock traded up $0.12 during mid-day trading on Thursday, reaching $34.42. The stock had a trading volume of 4,727 shares, compared to its average volume of 12,435. Global X Dax Germany ETF has a one year low of $25.90 and a one year high of $35.35. The company has a 50-day moving average price of $33.65 and a two-hundred day moving average price of $32.99. The company has a market capitalization of $71.94 million, a price-to-earnings ratio of 15.06 and a beta of 1.01.

Institutional Investors Weigh In On Global X Dax Germany ETF

A number of institutional investors have recently made changes to their positions in DAX. Concurrent Investment Advisors LLC bought a new position in Global X Dax Germany ETF during the 1st quarter valued at about $798,000. Geneos Wealth Management Inc. bought a new stake in shares of Global X Dax Germany ETF in the first quarter worth approximately $55,000. Finally, Benjamin F. Edwards & Company Inc. purchased a new position in shares of Global X Dax Germany ETF during the second quarter valued at approximately $37,000.

Global X Dax Germany ETF Company Profile

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.