Global X Thematic Growth ETF (NASDAQ:GXTG) Short Interest Up 495.8% in March

Global X Thematic Growth ETF (NASDAQ:GXTG) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 14,300 shares, a growth of 495.8% from the February 28th total of 2,400 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.4% of the company’s shares are sold short.

Global X Thematic Growth ETF Stock Down 1.3 %

NASDAQ:GXTG traded down $0.30 during mid-day trading on Wednesday, hitting $23.63. 502 shares of the stock traded hands, compared to its average volume of 4,935. Global X Thematic Growth ETF has a 52 week low of $21.41 and a 52 week high of $26.12. The stock has a market capitalization of $14.18 million, a price-to-earnings ratio of 23.70 and a beta of 1.23. The firm’s 50 day moving average is $24.19 and its two-hundred day moving average is $24.41.

Global X Thematic Growth ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.1254 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Investors Weigh In On Global X Thematic Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. GTS Securities LLC boosted its holdings in Global X Thematic Growth ETF by 147.1% during the 4th quarter. GTS Securities LLC now owns 32,864 shares of the company’s stock valued at $771,000 after acquiring an additional 19,562 shares during the period. SBI Securities Co. Ltd. bought a new position in Global X Thematic Growth ETF in the fourth quarter worth approximately $46,000. HighTower Advisors LLC grew its stake in Global X Thematic Growth ETF by 5.3% in the fourth quarter. HighTower Advisors LLC now owns 25,316 shares of the company’s stock worth $594,000 after purchasing an additional 1,265 shares in the last quarter. Finally, Elmwood Wealth Management Inc. increased its holdings in Global X Thematic Growth ETF by 0.7% during the 4th quarter. Elmwood Wealth Management Inc. now owns 73,507 shares of the company’s stock worth $1,725,000 after purchasing an additional 491 shares during the period.

About Global X Thematic Growth ETF

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.