Short Interest in Global X Guru Index ETF (NYSEARCA:GURU) Grows By 31.0%

by · The Cerbat Gem

Global X Guru Index ETF (NYSEARCA:GURU – Get Free Report) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 2,043 shares, a growth of 31.0% from the January 29th total of 1,560 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,992 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 1,992 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the company’s shares are short sold.

Global X Guru Index ETF Trading Up 0.9%

Shares of GURU stock traded up $0.56 during trading hours on Wednesday, reaching $61.45. The company’s stock had a trading volume of 1,441 shares, compared to its average volume of 1,984. Global X Guru Index ETF has a one year low of $41.57 and a one year high of $64.35. The stock has a market capitalization of $57.15 million, a P/E ratio of 21.69 and a beta of 1.03. The firm’s fifty day simple moving average is $62.09 and its 200 day simple moving average is $61.10.

Institutional Investors Weigh In On Global X Guru Index ETF

Several institutional investors and hedge funds have recently modified their holdings of GURU. Jones Financial Companies Lllp purchased a new position in shares of Global X Guru Index ETF during the 1st quarter worth approximately $51,000. Raymond James Financial Inc. bought a new stake in shares of Global X Guru Index ETF during the second quarter valued at approximately $181,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Global X Guru Index ETF in the third quarter worth $37,000. IFP Advisors Inc grew its stake in Global X Guru Index ETF by 2.2% in the third quarter. IFP Advisors Inc now owns 14,103 shares of the company’s stock worth $840,000 after purchasing an additional 309 shares during the period. Finally, Fulcrum Equity Management bought a new position in Global X Guru Index ETF in the fourth quarter worth $258,000.

About Global X Guru Index ETF

(Get Free Report)

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.

Featured Articles