Global X Disruptive Materials ETF (NASDAQ:DMAT) Short Interest Update

Global X Disruptive Materials ETF (NASDAQ:DMAT) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 1,804 shares, a decline of 85.3% from the January 29th total of 12,285 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 50,335 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 50,335 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Global X Disruptive Materials ETF Stock Performance

NASDAQ DMAT traded up $1.64 during mid-day trading on Wednesday, reaching $36.22. 28,643 shares of the stock were exchanged, compared to its average volume of 50,682. Global X Disruptive Materials ETF has a 1-year low of $12.05 and a 1-year high of $36.39. The business’s fifty day simple moving average is $31.23 and its 200 day simple moving average is $26.10. The stock has a market capitalization of $48.53 million, a PE ratio of -5,280.65 and a beta of 0.94.

Global X Disruptive Materials ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $0.0495 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 35.0%. Global X Disruptive Materials ETF’s payout ratio is currently -2,624.29%.

Hedge Funds Weigh In On Global X Disruptive Materials ETF

Several large investors have recently added to or reduced their stakes in DMAT. Jane Street Group LLC grew its holdings in Global X Disruptive Materials ETF by 113.1% in the 1st quarter. Jane Street Group LLC now owns 22,524 shares of the company’s stock valued at $325,000 after buying an additional 11,952 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Global X Disruptive Materials ETF by 103.3% in the third quarter. Envestnet Asset Management Inc. now owns 23,715 shares of the company’s stock worth $575,000 after acquiring an additional 12,052 shares during the last quarter. Royal Bank of Canada acquired a new stake in shares of Global X Disruptive Materials ETF in the fourth quarter worth approximately $3,332,000. Cetera Investment Advisers grew its holdings in Global X Disruptive Materials ETF by 867.0% in the fourth quarter. Cetera Investment Advisers now owns 111,329 shares of the company’s stock valued at $3,092,000 after purchasing an additional 99,816 shares during the period. Finally, Susquehanna International Group LLP acquired a new position in Global X Disruptive Materials ETF during the third quarter worth approximately $368,000. 5.34% of the stock is currently owned by hedge funds and other institutional investors.

Global X Disruptive Materials ETF Company Profile

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.