Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) Sees Large Decline in Short Interest

Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 81 shares, a decline of 41.3% from the September 15th total of 138 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,083 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Wealthfront Advisers LLC grew its stake in shares of Global X Morningstar Capital Allocation Leaders ETF by 3.7% during the 1st quarter. Wealthfront Advisers LLC now owns 28,058 shares of the company’s stock worth $1,166,000 after purchasing an additional 999 shares during the period. Bank of America Corp DE grew its holdings in Global X Morningstar Capital Allocation Leaders ETF by 1.7% in the first quarter. Bank of America Corp DE now owns 20,576 shares of the company’s stock valued at $855,000 after purchasing an additional 348 shares during the period. Syntegra Private Wealth Group LLC grew its holdings in Global X Morningstar Capital Allocation Leaders ETF by 14.8% in the first quarter. Syntegra Private Wealth Group LLC now owns 10,976 shares of the company’s stock valued at $456,000 after purchasing an additional 1,418 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in shares of Global X Morningstar Capital Allocation Leaders ETF in the first quarter valued at approximately $70,000.

Global X Morningstar Capital Allocation Leaders ETF Stock Down 0.3%

CPTL stock traded down $0.13 during trading on Thursday, hitting $48.93. 1,509 shares of the company’s stock traded hands, compared to its average volume of 3,405. Global X Morningstar Capital Allocation Leaders ETF has a 1 year low of $40.41 and a 1 year high of $49.85. The business has a fifty day simple moving average of $48.51 and a two-hundred day simple moving average of $47.13. The firm has a market capitalization of $113.03 million, a P/E ratio of 22.63 and a beta of 1.01.

About Global X Morningstar Capital Allocation Leaders ETF

Global X Conscious Companies ETF is an exchange-traded fund managed by Global X Management Company LLC. The fund seeks to provide diversified exposure to companies that demonstrate a commitment to responsible corporate practices and positive relationships with key stakeholders, including employees, customers, suppliers, communities and shareholders.

The portfolio is designed to follow an index-based investment approach and generally invests in equity securities of companies that meet defined environmental, social and governance-related criteria.