Global X Aging Population ETF (NASDAQ:AGNG) Short Interest Update

Global X Aging Population ETF (NASDAQ:AGNG) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 49,600 shares, a growth of 169.6% from the September 30th total of 18,400 shares. Approximately 2.5% of the shares of the company are short sold. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is presently 4.4 days. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is presently 4.4 days. Approximately 2.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. HBW Advisory Services LLC purchased a new position in shares of Global X Aging Population ETF in the third quarter worth about $32,000. Farther Finance Advisors LLC acquired a new position in Global X Aging Population ETF in the 3rd quarter worth approximately $33,000. PNC Financial Services Group Inc. raised its position in Global X Aging Population ETF by 52.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,900 shares of the company’s stock worth $93,000 after buying an additional 1,000 shares during the last quarter. Sei Investments Co. purchased a new position in Global X Aging Population ETF during the 1st quarter worth approximately $209,000. Finally, Insight Advisors LLC PA lifted its stake in Global X Aging Population ETF by 8.0% during the 2nd quarter. Insight Advisors LLC PA now owns 10,012 shares of the company’s stock valued at $319,000 after acquiring an additional 745 shares during the period.

Global X Aging Population ETF Price Performance

Shares of AGNG opened at $33.84 on Friday. The company’s fifty day moving average price is $33.71 and its 200-day moving average price is $32.38. Global X Aging Population ETF has a 1-year low of $27.43 and a 1-year high of $34.97. The firm has a market capitalization of $69.03 million, a PE ratio of 24.67 and a beta of 0.70.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.