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

Global X Thematic Growth ETF (NASDAQ:GXTG) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a drop of 98.3% from the September 30th total of 5,900 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Global X Thematic Growth ETF

Several hedge funds have recently made changes to their positions in the business. Cetera Advisors LLC purchased a new stake in shares of Global X Thematic Growth ETF during the first quarter worth approximately $736,000. Elmwood Wealth Management Inc. increased its stake in Global X Thematic Growth ETF by 17.9% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 73,016 shares of the company’s stock valued at $1,856,000 after buying an additional 11,076 shares during the period. Clarity Capital Partners LLC raised its position in Global X Thematic Growth ETF by 13.3% during the 1st quarter. Clarity Capital Partners LLC now owns 23,631 shares of the company’s stock worth $570,000 after buying an additional 2,779 shares during the last quarter. Finally, Highline Wealth Partners LLC purchased a new position in Global X Thematic Growth ETF during the 3rd quarter worth $45,000.

Global X Thematic Growth ETF Stock Up 1.6 %

NASDAQ:GXTG traded up $0.39 during trading hours on Friday, reaching $24.88. 1,808 shares of the company’s stock were exchanged, compared to its average volume of 7,192. Global X Thematic Growth ETF has a 1-year low of $20.88 and a 1-year high of $26.12. The firm has a market capitalization of $16.17 million, a price-to-earnings ratio of 16.66 and a beta of 1.23. The company has a 50-day moving average of $24.03 and a 200 day moving average of $23.52.

Global X Thematic Growth ETF Company Profile

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.