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

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

Institutional Investors Weigh In On Global X Disruptive Materials ETF

An institutional investor recently bought a new position in Global X Disruptive Materials ETF stock. Versant Capital Management Inc purchased a new position in shares of Global X Disruptive Materials ETF (NASDAQ:DMAT) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,336 shares of the company’s stock, valued at approximately $94,000. Versant Capital Management Inc owned about 1.71% of Global X Disruptive Materials ETF as of its most recent SEC filing. 5.34% of the stock is currently owned by institutional investors and hedge funds.

Global X Disruptive Materials ETF Trading Up 2.9 %

DMAT stock traded up $0.46 on Friday, hitting $16.60. 852 shares of the company’s stock traded hands, compared to its average volume of 2,893. Global X Disruptive Materials ETF has a 1-year low of $12.28 and a 1-year high of $17.82. The stock has a fifty day moving average of $14.93 and a 200-day moving average of $15.18. The stock has a market cap of $6.14 million, a price-to-earnings ratio of -2,353.11 and a beta of 1.05.

Global X Disruptive Materials ETF Company Profile

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.