Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Up 1,084.6% in January

Posted by Scott Moore on Jan 28th, 2025

Global X E-Commerce ETF (NASDAQ:EBIZ – Get Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 30,800 shares, an increase of 1,084.6% from the December 31st total of 2,600 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is currently 2.1 days.

Global X E-Commerce ETF Stock Up 2.4 %

NASDAQ:EBIZ traded up $0.72 during trading hours on Tuesday, reaching $30.15. The company had a trading volume of 5,597 shares, compared to its average volume of 11,470. Global X E-Commerce ETF has a twelve month low of $20.10 and a twelve month high of $30.77. The firm has a market cap of $72.66 million, a price-to-earnings ratio of 33.69 and a beta of 1.24. The business’s 50-day simple moving average is $28.54 and its two-hundred day simple moving average is $26.52.

Global X E-Commerce ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.0077 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Global X E-Commerce ETF

A hedge fund recently bought a new stake in Global X E-Commerce ETF stock. CreativeOne Wealth LLC purchased a new stake in shares of Global X E-Commerce ETF (NASDAQ:EBIZ – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 9,999 shares of the company’s stock, valued at approximately $275,000. CreativeOne Wealth LLC owned about 0.47% of Global X E-Commerce ETF as of its most recent filing with the SEC.

Global X E-Commerce ETF Company Profile

(Get Free Report)

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.