ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG) Shares Shorted: Short Interest Up 474.0% in October

ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,738 shares, an increase of 474.0% from the September 30th total of 477 shares. Based on an average daily volume of 8,250 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

ALPS O’Shares Global Internet Giants ETF Price Performance

Shares of OGIG traded up $0.07 during trading hours on Tuesday, hitting $50.01. 5,617 shares of the stock were exchanged, compared to its average volume of 10,334. ALPS O’Shares Global Internet Giants ETF has a fifty-two week low of $39.07 and a fifty-two week high of $58.73. The business has a 50-day moving average of $50.26 and a 200-day moving average of $46.60. The firm has a market capitalization of $101.51 million, a P/E ratio of 35.27 and a beta of 1.33.

Institutional Trading of ALPS O’Shares Global Internet Giants ETF

An institutional investor recently bought a new stake in ALPS O’Shares Global Internet Giants ETF stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 577 shares of the company’s stock, valued at approximately $29,000.

ALPS O’Shares Global Internet Giants ETF Company Profile

(Get Free Report)

The ALPS O’Shares Global Internet Giants ETF Shares (OGIG) is an exchange-traded fund that is based on the O’Shares Global Internet Giants index. The fund tracks an index of global internet and internet technology stocks, selected and weighted by growth and quality factors. OGIG was launched on Jun 5, 2018 and is managed by ALPS.

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