Short Interest in Global X Thematic Growth ETF (NASDAQ:GXTG) Increases By 5,500.0%

Global X Thematic Growth ETF (NASDAQ:GXTG) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 11,200 shares, a growth of 5,500.0% from the October 31st total of 200 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 4.0 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Highline Wealth Partners LLC purchased a new stake in Global X Thematic Growth ETF in the third quarter valued at approximately $45,000. Cetera Advisors LLC acquired a new position in shares of Global X Thematic Growth ETF in the 1st quarter valued at $736,000. Finally, Elmwood Wealth Management Inc. grew its stake in shares of Global X Thematic Growth ETF by 17.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 73,016 shares of the company’s stock valued at $1,856,000 after buying an additional 11,076 shares during the period.

Global X Thematic Growth ETF Price Performance

NASDAQ:GXTG traded up $0.45 during mid-day trading on Wednesday, reaching $25.36. The company’s stock had a trading volume of 637 shares, compared to its average volume of 6,667. The stock has a market cap of $16.48 million, a P/E ratio of 16.66 and a beta of 1.23. The company’s fifty day simple moving average is $24.85 and its two-hundred day simple moving average is $23.80. Global X Thematic Growth ETF has a twelve month low of $21.41 and a twelve month high of $26.12.

About Global X Thematic Growth ETF

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.