Global X India Active ETF (NYSEARCA:NDIA – Get Free Report) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,532 shares, a decrease of 44.7% from the July 15th total of 2,769 shares. Based on an average daily volume of 2,069 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are sold short.
Institutional Investors Weigh In On Global X India Active ETF
Several institutional investors have recently made changes to their positions in NDIA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Global X India Active ETF during the second quarter worth approximately $5,540,000. OLD Mission Capital LLC lifted its holdings in Global X India Active ETF by 171.0% in the fourth quarter. OLD Mission Capital LLC now owns 31,486 shares of the company’s stock worth $938,000 after buying an additional 19,867 shares during the period. Boothe Investment Group Inc. lifted its stake in shares of Global X India Active ETF by 4.0% in the 1st quarter. Boothe Investment Group Inc. now owns 416,991 shares of the company’s stock valued at $10,793,000 after purchasing an additional 16,060 shares during the period. Jane Street Group LLC purchased a new position in Global X India Active ETF during the second quarter valued at $327,000. Finally, IHT Wealth Management LLC boosted its holdings in shares of Global X India Active ETF by 19.5% during the 4th quarter. IHT Wealth Management LLC now owns 40,030 shares of the company’s stock valued at $1,193,000 after buying an additional 6,525 shares in the last quarter.
Global X India Active ETF Price Performance
Shares of NYSEARCA:NDIA traded up $0.05 during midday trading on Tuesday, hitting $27.41. 14,069 shares of the company’s stock were exchanged, compared to its average volume of 10,048. The stock has a 50 day moving average price of $27.18 and a 200-day moving average price of $27.36. Global X India Active ETF has a 12 month low of $25.04 and a 12 month high of $30.68. The company has a market cap of $58.93 million, a PE ratio of 26.49 and a beta of 0.35.
About Global X India Active ETF
The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.
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