Global X Cybersecurity ETF (NASDAQ:BUG) Short Interest Down 27.3% in October

by · The Cerbat Gem

Global X Cybersecurity ETF (NASDAQ:BUG – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 105,300 shares, a decline of 27.3% from the October 15th total of 144,800 shares. Based on an average daily volume of 120,600 shares, the days-to-cover ratio is currently 0.9 days.

Global X Cybersecurity ETF Trading Down 0.6 %

BUG traded down $0.21 during midday trading on Thursday, hitting $33.35. The company’s stock had a trading volume of 113,583 shares, compared to its average volume of 183,733. The firm has a 50-day moving average price of $30.99 and a two-hundred day moving average price of $29.83. Global X Cybersecurity ETF has a 52-week low of $24.96 and a 52-week high of $34.16. The firm has a market cap of $808.40 million, a P/E ratio of 29.10 and a beta of 0.86.

Institutional Trading of Global X Cybersecurity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Intrepid Financial Planning Group LLC lifted its stake in Global X Cybersecurity ETF by 3.4% during the second quarter. Intrepid Financial Planning Group LLC now owns 12,448 shares of the company’s stock valued at $368,000 after purchasing an additional 411 shares during the last quarter. Greystone Financial Group LLC grew its position in Global X Cybersecurity ETF by 3.8% during the 2nd quarter. Greystone Financial Group LLC now owns 11,430 shares of the company’s stock worth $338,000 after purchasing an additional 420 shares in the last quarter. WealthBridge Investment Counsel Inc. raised its stake in Global X Cybersecurity ETF by 0.5% during the 3rd quarter. WealthBridge Investment Counsel Inc. now owns 96,400 shares of the company’s stock valued at $2,984,000 after purchasing an additional 500 shares during the period. Aptus Capital Advisors LLC lifted its holdings in shares of Global X Cybersecurity ETF by 107.4% in the second quarter. Aptus Capital Advisors LLC now owns 1,091 shares of the company’s stock valued at $32,000 after purchasing an additional 565 shares in the last quarter. Finally, Advisors Management Group Inc. ADV raised its position in Global X Cybersecurity ETF by 2.5% during the second quarter. Advisors Management Group Inc. ADV now owns 25,447 shares of the company’s stock valued at $753,000 after buying an additional 620 shares during the period.

About Global X Cybersecurity ETF

(Get Free Report)

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.

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