Global X Social Media ETF (NASDAQ:SOCL) Sees Significant Decline in Short Interest

Posted by Doug Wharley on Jun 29th, 2026

Global X Social Media ETF (NASDAQ:SOCL – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 11,733 shares, a decline of 57.1% from the May 31st total of 27,345 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 13,768 shares, the days-to-cover ratio is presently 0.9 days.

Hedge Funds Weigh In On Global X Social Media ETF

Hedge funds have recently modified their holdings of the company. Flow Traders U.S. LLC bought a new position in shares of Global X Social Media ETF in the second quarter valued at approximately $291,000. Sei Investments Co. purchased a new position in Global X Social Media ETF in the second quarter worth $299,000. Raymond James Financial Inc. boosted its position in Global X Social Media ETF by 15.6% in the second quarter. Raymond James Financial Inc. now owns 11,158 shares of the company’s stock worth $596,000 after purchasing an additional 1,509 shares during the last quarter. Jane Street Group LLC bought a new position in Global X Social Media ETF in the 2nd quarter valued at $482,000. Finally, Ameriprise Financial Inc. bought a new position in Global X Social Media ETF in the 2nd quarter valued at $243,000.

Global X Social Media ETF Price Performance

Shares of SOCL stock traded up $0.97 on Monday, hitting $43.69. The stock had a trading volume of 12,586 shares, compared to its average volume of 11,247. The business has a 50 day moving average of $45.96 and a 200 day moving average of $49.28. The stock has a market cap of $87.82 million, a price-to-earnings ratio of 21.77 and a beta of 1.01. Global X Social Media ETF has a 12-month low of $41.35 and a 12-month high of $63.93.

Global X Social Media ETF Company Profile

(Get Free Report)

The Global X Social Media ETF (SOCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of social media companies selected by a committee. SOCL was launched on Nov 14, 2011 and is managed by Global X.