Global X Thematic Growth ETF (NASDAQ:GXTG) Sees Large Growth in Short Interest

Global X Thematic Growth ETF (NASDAQ:GXTG) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 600 shares, a growth of 500.0% from the November 30th total of 100 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 0.2 days.

Global X Thematic Growth ETF Trading Down 1.0 %

Shares of NASDAQ:GXTG traded down $0.23 on Friday, hitting $23.94. 1,743 shares of the company were exchanged, compared to its average volume of 6,440. The firm has a market capitalization of $15.56 million, a P/E ratio of 16.66 and a beta of 1.23. Global X Thematic Growth ETF has a 1-year low of $21.41 and a 1-year high of $26.12. The stock’s 50 day moving average price is $24.86 and its 200 day moving average price is $23.94.

Institutional Trading of Global X Thematic Growth ETF

An institutional investor recently bought a new position in Global X Thematic Growth ETF stock. Highline Wealth Partners LLC acquired a new position in Global X Thematic Growth ETF (NASDAQ:GXTG) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,763 shares of the company’s stock, valued at approximately $45,000. Highline Wealth Partners LLC owned about 0.27% of Global X Thematic Growth ETF as of its most recent SEC filing.

About Global X Thematic Growth ETF

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.