Short Interest in Global X HealthTech ETF (NASDAQ:HEAL) Expands By 103.9%

Global X HealthTech ETF (NASDAQ:HEALGet Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 15,534 shares, an increase of 103.9% from the July 30th total of 7,620 shares. Based on an average trading volume of 6,569 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.5% of the shares of the stock are sold short.

Global X HealthTech ETF Stock Down 1.0%

NASDAQ HEAL traded down $0.30 on Friday, reaching $29.72. The company had a trading volume of 2,484 shares, compared to its average volume of 10,897. The stock has a market capitalization of $31.50 million, a PE ratio of 42.80 and a beta of 1.10. The firm’s 50 day moving average price is $28.22 and its 200 day moving average price is $26.30. Global X HealthTech ETF has a 12 month low of $23.00 and a 12 month high of $33.59.

Institutional Investors Weigh In On Global X HealthTech ETF

Several large investors have recently made changes to their positions in HEAL. Glenmede Investment Management LP bought a new position in Global X HealthTech ETF during the third quarter valued at approximately $31,000. Banque Cantonale Vaudoise bought a new stake in Global X HealthTech ETF in the 3rd quarter worth approximately $37,000. EverSource Wealth Advisors LLC raised its holdings in shares of Global X HealthTech ETF by 26,522.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,396 shares of the company’s stock worth $70,000 after acquiring an additional 2,387 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Global X HealthTech ETF by 39.4% during the 1st quarter. Royal Bank of Canada now owns 2,603 shares of the company’s stock worth $62,000 after acquiring an additional 736 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of Global X HealthTech ETF during the 4th quarter valued at approximately $111,000.

Global X HealthTech ETF Company Profile

(Get Free Report)

An ETF that invests in companies at the intersection of healthcare and technology, targeting innovations in drug discovery, medical devices, consumer healthcare, and analytics.

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