Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 9,366 shares, an increase of 69.1% from the December 15th total of 5,540 shares. Based on an average trading volume of 4,486 shares, the short-interest ratio is presently 2.1 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 4,486 shares, the short-interest ratio is presently 2.1 days.

Institutional Investors Weigh In On Global X E-Commerce ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EBIZ. Susquehanna International Group LLP boosted its position in Global X E-Commerce ETF by 111.4% during the third quarter. Susquehanna International Group LLP now owns 53,606 shares of the company’s stock worth $1,879,000 after purchasing an additional 28,245 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Global X E-Commerce ETF during the 3rd quarter valued at about $1,539,000. Bank of America Corp DE increased its holdings in shares of Global X E-Commerce ETF by 49.4% during the 3rd quarter. Bank of America Corp DE now owns 18,036 shares of the company’s stock worth $632,000 after buying an additional 5,960 shares during the last quarter. Sei Investments Co. lifted its holdings in Global X E-Commerce ETF by 59.5% in the third quarter. Sei Investments Co. now owns 11,093 shares of the company’s stock valued at $389,000 after acquiring an additional 4,139 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of Global X E-Commerce ETF by 0.8% in the 3rd quarter. UBS Group AG now owns 268,101 shares of the company’s stock valued at $9,395,000 after purchasing an additional 2,124 shares during the last quarter.

Global X E-Commerce ETF Stock Performance

NASDAQ EBIZ opened at $33.07 on Friday. The company has a market capitalization of $50.93 million, a PE ratio of 21.86 and a beta of 1.26. Global X E-Commerce ETF has a fifty-two week low of $23.51 and a fifty-two week high of $36.00. The business’s fifty day moving average is $32.87 and its 200 day moving average is $33.20.

Global X E-Commerce ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.0686 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 42.0%.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.