Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Sees Significant Decline in Short Interest

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDWGet Free Report) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 2,432 shares, a decline of 64.3% from the July 15th total of 6,808 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily volume of 2,430 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Global X Dorsey Wright Thematic ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. AlphaCore Capital LLC bought a new stake in Global X Dorsey Wright Thematic ETF during the fourth quarter worth $34,000. AdvisorNet Financial Inc raised its stake in shares of Global X Dorsey Wright Thematic ETF by 65.5% during the 1st quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock worth $62,000 after purchasing an additional 1,099 shares during the period. Finally, Bank of America Corp DE purchased a new position in shares of Global X Dorsey Wright Thematic ETF in the 3rd quarter worth about $95,000.

Global X Dorsey Wright Thematic ETF Price Performance

Shares of GXDW stock traded down $0.10 during trading hours on Friday, reaching $24.97. The company had a trading volume of 239 shares, compared to its average volume of 4,216. Global X Dorsey Wright Thematic ETF has a 12 month low of $21.50 and a 12 month high of $30.73. The business has a fifty day simple moving average of $25.27 and a 200-day simple moving average of $25.30. The company has a market cap of $6.49 million, a price-to-earnings ratio of 26.08 and a beta of 1.35.

Global X Dorsey Wright Thematic ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were issued a $0.0831 dividend. The ex-dividend date was Monday, June 29th.

Global X Dorsey Wright Thematic ETF Company Profile

(Get Free Report)

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.

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