Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Sees Large Drop in Short Interest

by · The Cerbat Gem

Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 407 shares, a decline of 98.3% from the April 15th total of 24,432 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 8,222 shares, the short-interest ratio is currently 0.0 days.

Global X Adaptive U.S. Risk Management ETF Stock Up 0.1%

Shares of ONOF traded up $0.02 during trading hours on Monday, hitting $39.48. The company had a trading volume of 3,594 shares, compared to its average volume of 11,119. The firm has a market cap of $152.39 million, a P/E ratio of 26.12 and a beta of 0.78. The stock’s 50 day moving average price is $37.19 and its 200 day moving average price is $37.58. Global X Adaptive U.S. Risk Management ETF has a 52-week low of $32.02 and a 52-week high of $39.93.

Institutional Trading of Global X Adaptive U.S. Risk Management ETF

Large investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of Global X Adaptive U.S. Risk Management ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 5,743 shares of the company’s stock worth $197,000 after purchasing an additional 298 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Global X Adaptive U.S. Risk Management ETF in the third quarter worth about $472,000. Maridea Wealth Management LLC bought a new stake in shares of Global X Adaptive U.S. Risk Management ETF in the first quarter worth about $2,156,000. Align Financial LLC bought a new stake in shares of Global X Adaptive U.S. Risk Management ETF in the fourth quarter worth about $6,102,000. Finally, Cetera Investment Advisers grew its stake in shares of Global X Adaptive U.S. Risk Management ETF by 5.1% in the fourth quarter. Cetera Investment Advisers now owns 293,739 shares of the company’s stock worth $11,053,000 after purchasing an additional 14,380 shares during the last quarter.

Global X Adaptive U.S. Risk Management ETF Company Profile

(Get Free Report)

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.

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