Global X Cybersecurity ETF (NASDAQ:BUG – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 867,619 shares, a growth of 97.1% from the June 15th total of 440,082 shares. Based on an average daily volume of 902,235 shares, the days-to-cover ratio is presently 1.0 days. Currently, 2.8% of the shares of the stock are short sold.
Global X Cybersecurity ETF Stock Up 0.0%
BUG stock traded up $0.01 during trading on Friday, hitting $40.73. The company had a trading volume of 893,497 shares, compared to its average volume of 1,105,596. The firm has a 50-day moving average price of $35.56 and a 200-day moving average price of $30.20. Global X Cybersecurity ETF has a 12 month low of $23.15 and a 12 month high of $42.71. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 37.03 and a beta of 0.88.
Institutional Investors Weigh In On Global X Cybersecurity ETF
A number of institutional investors and hedge funds have recently made changes to their positions in BUG. O ROURKE & COMPANY Inc increased its position in Global X Cybersecurity ETF by 2.0% in the fourth quarter. O ROURKE & COMPANY Inc now owns 18,099 shares of the company’s stock worth $551,000 after purchasing an additional 353 shares during the period. Comerica Bank boosted its stake in shares of Global X Cybersecurity ETF by 9.4% in the 4th quarter. Comerica Bank now owns 4,759 shares of the company’s stock valued at $145,000 after purchasing an additional 409 shares during the last quarter. NBC Securities Inc. grew its position in shares of Global X Cybersecurity ETF by 5.8% during the 4th quarter. NBC Securities Inc. now owns 8,501 shares of the company’s stock worth $259,000 after buying an additional 466 shares during the period. Parallel Advisors LLC grew its position in shares of Global X Cybersecurity ETF by 88.3% during the 3rd quarter. Parallel Advisors LLC now owns 1,000 shares of the company’s stock worth $35,000 after buying an additional 469 shares during the period. Finally, Accel Wealth Management raised its stake in shares of Global X Cybersecurity ETF by 2.3% during the fourth quarter. Accel Wealth Management now owns 22,102 shares of the company’s stock worth $673,000 after buying an additional 490 shares during the last quarter.
Global X Cybersecurity ETF Company Profile
The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.
Featured Stories
- Five stocks we like better than Global X Cybersecurity ETF
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
- Sandisk: What the Chart Is Trying to Tell Us
- 3 Picks-and-Shovels Stocks Powering the Humanoid Robotics Buildout
Receive News & Ratings for Global X Cybersecurity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Cybersecurity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
