Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Sees Large Increase in Short Interest

by · The Markets Daily

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 232 shares, a growth of 23,100.0% from the August 15th total of 1 shares. Based on an average daily volume of 781 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Global X Dorsey Wright Thematic ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. AdvisorNet Financial Inc increased its holdings in shares of Global X Dorsey Wright Thematic ETF by 65.5% during the 1st quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock worth $62,000 after buying an additional 1,099 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in Global X Dorsey Wright Thematic ETF in the 4th quarter valued at about $34,000. Finally, Bank of America Corp DE purchased a new position in Global X Dorsey Wright Thematic ETF during the third quarter worth about $95,000.

Global X Dorsey Wright Thematic ETF Trading Down 1.7%

Shares of NASDAQ GXDW opened at $23.87 on Friday. The stock has a market cap of $6.21 million, a PE ratio of 26.08 and a beta of 1.35. Global X Dorsey Wright Thematic ETF has a 12-month low of $21.50 and a 12-month high of $30.73. The company has a 50-day moving average of $24.09 and a 200 day moving average of $25.27.

Global X Dorsey Wright Thematic ETF Dividend Announcement

The business also recently announced a semiannual dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a $0.0831 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a dividend yield of 65.0%.

About Global X Dorsey Wright Thematic ETF

(Get Free Report)

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.

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