Global X MSCI Norway ETF (NYSEARCA:NORW – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 57,747 shares, a decline of 38.5% from the July 15th total of 93,878 shares. Based on an average daily trading volume, of 24,474 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.3% of the company’s shares are short sold.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of NORW. Geneos Wealth Management Inc. acquired a new position in Global X MSCI Norway ETF during the 1st quarter worth approximately $2,148,000. EP Wealth Advisors LLC bought a new position in Global X MSCI Norway ETF in the fourth quarter worth approximately $266,000. UBS Group AG grew its stake in Global X MSCI Norway ETF by 58.5% in the third quarter. UBS Group AG now owns 25,582 shares of the company’s stock valued at $773,000 after acquiring an additional 9,438 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Global X MSCI Norway ETF during the fourth quarter valued at approximately $162,000. Finally, Ball & Co Wealth Management Inc. bought a new stake in shares of Global X MSCI Norway ETF during the first quarter valued at approximately $80,000.
Global X MSCI Norway ETF Stock Performance
Shares of Global X MSCI Norway ETF stock traded down $0.22 on Tuesday, reaching $36.64. 16,431 shares of the company’s stock were exchanged, compared to its average volume of 102,125. The company has a market capitalization of $91.60 million, a P/E ratio of 12.35 and a beta of 0.69. Global X MSCI Norway ETF has a 52 week low of $27.84 and a 52 week high of $39.39. The firm’s 50-day moving average is $34.58 and its two-hundred day moving average is $36.00.
About Global X MSCI Norway ETF
The Global X MSCI Norway ETF (NORW) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. NORW was launched on Nov 9, 2010 and is managed by Global X.
See Also
- Five stocks we like better than Global X MSCI Norway ETF
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Global X MSCI Norway ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MSCI Norway ETF and related companies with MarketBeat.com's FREE daily email newsletter.
