Global X Dax Germany ETF (NASDAQ:DAX) Short Interest Update

Global X Dax Germany ETF (NASDAQ:DAX) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 93,800 shares, a growth of 29.2% from the February 28th total of 72,600 shares. Based on an average daily trading volume, of 122,200 shares, the days-to-cover ratio is currently 0.8 days. Currently, 4.7% of the shares of the stock are short sold.

Global X Dax Germany ETF Stock Down 0.2 %

Global X Dax Germany ETF stock traded down $0.06 during midday trading on Wednesday, hitting $39.35. The company’s stock had a trading volume of 88,217 shares, compared to its average volume of 46,776. Global X Dax Germany ETF has a 12 month low of $30.52 and a 12 month high of $41.55. The stock’s 50-day moving average price is $38.49 and its 200-day moving average price is $35.57. The company has a market capitalization of $203.83 million, a PE ratio of 19.24 and a beta of 1.01.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cape Investment Advisory Inc. lifted its stake in Global X Dax Germany ETF by 32.9% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,267 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 314 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Global X Dax Germany ETF by 18.0% during the fourth quarter. Jane Street Group LLC now owns 20,211 shares of the exchange traded fund’s stock valued at $673,000 after acquiring an additional 3,082 shares during the period. Osborne Partners Capital Management LLC increased its stake in shares of Global X Dax Germany ETF by 1.1% in the fourth quarter. Osborne Partners Capital Management LLC now owns 663,344 shares of the exchange traded fund’s stock worth $22,102,000 after acquiring an additional 6,911 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Global X Dax Germany ETF by 17.9% during the fourth quarter. LPL Financial LLC now owns 84,014 shares of the exchange traded fund’s stock worth $2,799,000 after acquiring an additional 12,774 shares in the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in Global X Dax Germany ETF during the fourth quarter valued at $597,000.

About Global X Dax Germany ETF

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.