Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Short Interest Down 53.7% in June

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 7,665 shares, a decrease of 53.7% from the June 15th total of 16,541 shares. Based on an average daily volume of 11,451 shares, the days-to-cover ratio is presently 0.7 days. Approximately 2.6% of the shares of the stock are short sold.

Global X Dorsey Wright Thematic ETF Trading Down 4.5%

GXDW stock traded down $1.09 during midday trading on Thursday, reaching $23.13. The stock had a trading volume of 426 shares, compared to its average volume of 4,446. The company’s fifty day simple moving average is $27.62 and its 200 day simple moving average is $25.52. The company has a market cap of $6.71 million, a price-to-earnings ratio of 26.08 and a beta of 1.33. Global X Dorsey Wright Thematic ETF has a 52-week low of $21.50 and a 52-week high of $30.73.

Global X Dorsey Wright Thematic ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were given a $0.0831 dividend. The ex-dividend date was Monday, June 29th.

Hedge Funds Weigh In On Global X Dorsey Wright Thematic ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE purchased a new stake in Global X Dorsey Wright Thematic ETF during the 3rd quarter valued at about $95,000. AdvisorNet Financial Inc lifted its stake in Global X Dorsey Wright Thematic ETF by 65.5% in the 1st quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock worth $62,000 after purchasing an additional 1,099 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new position in shares of Global X Dorsey Wright Thematic ETF during the 4th quarter worth approximately $34,000.

Global X Dorsey Wright Thematic ETF Company Profile

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.