Global X India Active ETF (NYSEARCA:NDIA) Short Interest Update

Global X India Active ETF (NYSEARCA:NDIA) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 11,689 shares, an increase of 663.0% from the July 30th total of 1,532 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 4,252 shares, the short-interest ratio is currently 2.7 days.

Global X India Active ETF Trading Down 0.1%

Shares of NYSEARCA NDIA traded down $0.03 during trading hours on Thursday, hitting $27.55. 925 shares of the company traded hands, compared to its average volume of 9,780. Global X India Active ETF has a 12 month low of $25.04 and a 12 month high of $30.68. The stock has a market capitalization of $59.23 million, a price-to-earnings ratio of 26.49 and a beta of 0.35. The company’s 50 day moving average price is $27.31 and its 200 day moving average price is $27.29.

Hedge Funds Weigh In On Global X India Active ETF

Large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Global X India Active ETF during the 2nd quarter valued at about $5,540,000. Jane Street Group LLC purchased a new position in shares of Global X India Active ETF during the second quarter valued at approximately $327,000. IHT Wealth Management LLC grew its stake in shares of Global X India Active ETF by 7.3% during the second quarter. IHT Wealth Management LLC now owns 16,250 shares of the company’s stock valued at $499,000 after buying an additional 1,100 shares during the last quarter. Boothe Investment Group Inc. raised its holdings in shares of Global X India Active ETF by 3.2% in the fourth quarter. Boothe Investment Group Inc. now owns 400,931 shares of the company’s stock worth $11,948,000 after buying an additional 12,246 shares during the period. Finally, Empire Financial Management Company LLC raised its holdings in shares of Global X India Active ETF by 2.7% in the fourth quarter. Empire Financial Management Company LLC now owns 47,115 shares of the company’s stock worth $1,404,000 after buying an additional 1,220 shares during the period.

About Global X India Active ETF

The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.