Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Stock Short Interest Jumps 125.0%

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 88,359 shares, a growth of 125.0% from the September 15th total of 39,276 shares. Based on an average trading volume of 14,589 shares, the days-to-cover ratio is presently 6.1 days. Approximately 1.4% of the company’s shares are short sold.

Global X MSCI China Consumer Discretionary ETF Stock Up 0.8%

Shares of NYSEARCA:CHIQ traded up $0.12 during midday trading on Thursday, reaching $16.21. 6,689 shares of the company were exchanged, compared to its average volume of 43,830. The firm has a market cap of $102.48 million, a PE ratio of 15.04 and a beta of 0.27. Global X MSCI China Consumer Discretionary ETF has a fifty-two week low of $15.45 and a fifty-two week high of $23.80. The stock has a fifty day simple moving average of $16.81 and a two-hundred day simple moving average of $17.89.

About Global X MSCI China Consumer Discretionary ETF

Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.