Global X Cybersecurity ETF (NASDAQ:BUG) Short Interest Up 138.0% in September

Global X Cybersecurity ETF (NASDAQ:BUG) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 78,300 shares, a growth of 138.0% from the September 15th total of 32,900 shares. Based on an average trading volume of 165,700 shares, the days-to-cover ratio is currently 0.5 days.

Global X Cybersecurity ETF Stock Up 0.4 %

NASDAQ:BUG traded up $0.14 during mid-day trading on Friday, hitting $32.11. 36,728 shares of the stock traded hands, compared to its average volume of 191,337. Global X Cybersecurity ETF has a 52 week low of $22.55 and a 52 week high of $32.11. The stock has a market capitalization of $788.62 million, a price-to-earnings ratio of 29.10 and a beta of 0.86. The firm’s 50 day moving average is $30.07 and its two-hundred day moving average is $29.33.

Institutional Trading of Global X Cybersecurity ETF

Large investors have recently made changes to their positions in the stock. BNP Paribas bought a new position in Global X Cybersecurity ETF in the first quarter worth approximately $25,000. Aptus Capital Advisors LLC increased its stake in shares of Global X Cybersecurity ETF by 107.4% during the second quarter. Aptus Capital Advisors LLC now owns 1,091 shares of the company’s stock valued at $32,000 after buying an additional 565 shares during the period. Banque Cantonale Vaudoise bought a new stake in shares of Global X Cybersecurity ETF in the first quarter valued at about $57,000. Ashton Thomas Private Wealth LLC purchased a new stake in Global X Cybersecurity ETF in the second quarter worth about $59,000. Finally, International Assets Investment Management LLC purchased a new stake in Global X Cybersecurity ETF in the second quarter worth about $66,000.

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.