ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG) Sees Large Drop in Short Interest

ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG – Get Free Report) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 597 shares, a decrease of 78.2% from the October 15th total of 2,738 shares. Based on an average daily volume of 10,862 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

ALPS O’Shares Global Internet Giants ETF Price Performance

NYSEARCA OGIG opened at $46.65 on Thursday. The stock has a market capitalization of $92.37 million, a P/E ratio of 29.20 and a beta of 1.35. The business has a 50 day simple moving average of $49.55 and a 200 day simple moving average of $46.38. ALPS O’Shares Global Internet Giants ETF has a one year low of $39.07 and a one year high of $55.68.

Institutional Trading of ALPS O’Shares Global Internet Giants ETF

An institutional investor recently bought a new position in ALPS O’Shares Global Internet Giants ETF stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund 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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