Global X DAX Germany ETF (NASDAQ:DAX) Short Interest Up 176.9% in July

Posted by Francis Steltz on Jul 27th, 2026

Global X DAX Germany ETF (NASDAQ:DAX – Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 158,687 shares, a growth of 176.9% from the June 30th total of 57,305 shares. Approximately 3.2% of the shares of the company are short sold. Based on an average trading volume of 59,948 shares, the days-to-cover ratio is presently 2.6 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Comerica Bank increased its stake in shares of Global X DAX Germany ETF by 1,659.7% during the 1st quarter. Comerica Bank now owns 2,534 shares of the exchange traded fund’s stock worth $99,000 after purchasing an additional 2,390 shares during the last quarter. Royal Bank of Canada grew its holdings in Global X DAX Germany ETF by 672,424.0% during the first quarter. Royal Bank of Canada now owns 168,131 shares of the exchange traded fund’s stock valued at $6,574,000 after purchasing an additional 168,106 shares during the period. Empowered Funds LLC bought a new position in Global X DAX Germany ETF during the first quarter valued at $2,994,000. Jane Street Group LLC increased its position in Global X DAX Germany ETF by 413.3% in the first quarter. Jane Street Group LLC now owns 103,748 shares of the exchange traded fund’s stock worth $4,057,000 after buying an additional 83,537 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Global X DAX Germany ETF in the second quarter valued at $1,465,000.

Global X DAX Germany ETF Stock Up 1.5%

DAX stock traded up $0.65 during midday trading on Monday, hitting $44.75. The company’s stock had a trading volume of 32,240 shares, compared to its average volume of 53,446. The stock has a market cap of $224.20 million, a price-to-earnings ratio of 18.27 and a beta of 0.95. The stock’s 50-day moving average price is $44.90 and its 200 day moving average price is $45.01. Global X DAX Germany ETF has a 1 year low of $40.35 and a 1 year high of $47.70.

Global X DAX Germany ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a dividend of $0.8567 per share. The ex-dividend date was Monday, June 29th.

Global X DAX Germany ETF Company Profile

(Get Free Report)

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.