Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 800 shares, an increase of 33.3% from the October 31st total of 600 shares. Based on an average trading volume of 10,200 shares, the days-to-cover ratio is presently 0.1 days.

Global X E-Commerce ETF Stock Performance

Shares of NASDAQ:EBIZ opened at $28.94 on Monday. The stock’s 50-day simple moving average is $27.33 and its two-hundred day simple moving average is $25.18. The stock has a market capitalization of $61.06 million, a price-to-earnings ratio of 33.69 and a beta of 1.24. Global X E-Commerce ETF has a 52-week low of $19.71 and a 52-week high of $28.95.

Institutional Trading of Global X E-Commerce ETF

A hedge fund recently raised its stake in Global X E-Commerce ETF stock. Bank of Montreal Can grew its holdings in shares of Global X E-Commerce ETF (NASDAQ:EBIZ) by 231.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,346 shares of the company’s stock after acquiring an additional 30,278 shares during the period. Bank of Montreal Can owned about 1.67% of Global X E-Commerce ETF worth $1,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.