Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Down 87.0% in August

Global X E-Commerce ETF (NASDAQ:EBIZ) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 600 shares, a decrease of 87.0% from the July 31st total of 4,600 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is currently 0.0 days.

Global X E-Commerce ETF Trading Up 0.6 %

Shares of EBIZ traded up $0.14 during trading hours on Tuesday, reaching $24.37. The company had a trading volume of 2,119 shares, compared to its average volume of 10,538. Global X E-Commerce ETF has a 12-month low of $16.53 and a 12-month high of $25.33. The firm has a 50 day simple moving average of $23.92 and a 200-day simple moving average of $23.57. The company has a market capitalization of $63.12 million, a price-to-earnings ratio of 33.69 and a beta of 1.24.

Global X E-Commerce ETF Announces Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Friday, July 5th. Shareholders of record on Thursday, June 27th were issued a $0.0569 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Investors Weigh In On Global X E-Commerce ETF

A hedge fund recently bought a new stake in Global X E-Commerce ETF stock. Tidemark LLC acquired a new position in shares of Global X E-Commerce ETF (NASDAQ:EBIZ) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,444 shares of the company’s stock, valued at approximately $31,000.

Global X E-Commerce ETF Company Profile

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.