Global X HealthTech ETF (NASDAQ:HEAL) Sees Significant Decline in Short Interest

Global X HealthTech ETF (NASDAQ:HEALGet Free Report) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 1,547 shares, a drop of 74.3% from the January 29th total of 6,028 shares. Based on an average trading volume of 19,205 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 19,205 shares, the short-interest ratio is currently 0.1 days.

Global X HealthTech ETF Stock Performance

Shares of HEAL stock opened at $26.40 on Thursday. Global X HealthTech ETF has a 52-week low of $24.48 and a 52-week high of $34.20. The stock has a market cap of $35.11 million, a price-to-earnings ratio of 42.80 and a beta of 1.13. The firm’s 50-day moving average is $28.75 and its 200-day moving average is $30.58.

Global X HealthTech ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.0718 dividend. The ex-dividend date was Tuesday, December 30th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Daiwa Securities Group Inc. acquired a new stake in Global X HealthTech ETF during the 3rd quarter valued at $11,239,000. WT Wealth Management lifted its stake in shares of Global X HealthTech ETF by 10.1% during the 4th quarter. WT Wealth Management now owns 88,171 shares of the company’s stock worth $2,576,000 after buying an additional 8,066 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Global X HealthTech ETF during the 3rd quarter worth about $368,000. Raymond James Financial Inc. acquired a new position in Global X HealthTech ETF in the 3rd quarter valued at about $274,000. Finally, Citadel Advisors LLC bought a new position in Global X HealthTech ETF in the 3rd quarter valued at about $216,000.

About Global X HealthTech ETF

(Get Free Report)

An ETF that invests in companies at the intersection of healthcare and technology, targeting innovations in drug discovery, medical devices, consumer healthcare, and analytics.

Further Reading

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