Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ – Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 39,483 shares, an increase of 170.2% from the April 15th total of 14,611 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 22,819 shares, the days-to-cover ratio is currently 1.7 days.
Global X MSCI China Consumer Discretionary ETF Stock Down 2.4%
CHIQ stock opened at $19.31 on Friday. The business’s fifty day moving average is $19.96 and its 200-day moving average is $21.10. The company has a market cap of $144.25 million, a P/E ratio of 15.04 and a beta of 0.33. Global X MSCI China Consumer Discretionary ETF has a twelve month low of $19.11 and a twelve month high of $24.67.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in CHIQ. Fifth Third Securities Inc. bought a new stake in shares of Global X MSCI China Consumer Discretionary ETF in the 4th quarter valued at $348,000. Goldman Sachs Group Inc. bought a new stake in shares of Global X MSCI China Consumer Discretionary ETF in the 1st quarter valued at $252,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of Global X MSCI China Consumer Discretionary ETF in the 2nd quarter valued at $306,000.
Global X MSCI China Consumer Discretionary ETF Company Profile
Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.
Recommended Stories
- Five stocks we like better than Global X MSCI China Consumer Discretionary ETF
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for Global X MSCI China Consumer Discretionary ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MSCI China Consumer Discretionary ETF and related companies with MarketBeat.com's FREE daily email newsletter.
