Short Interest in Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Expands By 98.6%

Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOFGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 705 shares, a growth of 98.6% from the May 14th total of 355 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 39,964 shares, the short-interest ratio is currently 0.0 days.

Global X Adaptive U.S. Risk Management ETF Stock Performance

NYSEARCA ONOF traded up $0.17 on Friday, reaching $39.67. The company’s stock had a trading volume of 4,367 shares, compared to its average volume of 13,378. Global X Adaptive U.S. Risk Management ETF has a twelve month low of $33.08 and a twelve month high of $40.71. The stock has a market cap of $153.13 million, a PE ratio of 26.12 and a beta of 0.78. The firm’s 50 day moving average is $38.69 and its two-hundred day moving average is $37.99.

Institutional Investors Weigh In On Global X Adaptive U.S. Risk Management ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ONOF. Bank of America Corp DE lifted its stake in Global X Adaptive U.S. Risk Management ETF by 5.5% during the second quarter. Bank of America Corp DE now owns 5,743 shares of the company’s stock valued at $197,000 after buying an additional 298 shares in the last quarter. Citadel Advisors LLC purchased a new stake in Global X Adaptive U.S. Risk Management ETF during the third quarter valued at about $472,000. Maridea Wealth Management LLC purchased a new stake in Global X Adaptive U.S. Risk Management ETF during the first quarter valued at about $2,156,000. Align Financial LLC purchased a new stake in Global X Adaptive U.S. Risk Management ETF during the fourth quarter valued at about $6,102,000. Finally, Cetera Investment Advisers lifted its stake in Global X Adaptive U.S. Risk Management ETF by 5.1% during the fourth quarter. Cetera Investment Advisers now owns 293,739 shares of the company’s stock valued at $11,053,000 after buying an additional 14,380 shares in the last quarter.

Global X Adaptive U.S. Risk Management ETF Company Profile

(Get Free Report)

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.

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