Global X Dax Germany ETF (NASDAQ:DAX) Short Interest Update

Global X Dax Germany ETF (NASDAQ:DAX) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 26,300 shares, an increase of 6.9% from the September 15th total of 24,600 shares. Based on an average daily volume of 10,600 shares, the short-interest ratio is currently 2.5 days.

Global X Dax Germany ETF Stock Up 0.3 %

Shares of DAX stock traded up $0.12 on Thursday, hitting $34.42. The stock had a trading volume of 4,727 shares, compared to its average volume of 12,435. Global X Dax Germany ETF has a one year low of $25.90 and a one year high of $35.35. The business has a 50 day moving average price of $33.65 and a 200 day moving average price of $32.99. The company has a market cap of $71.94 million, a PE ratio of 15.06 and a beta of 1.01.

Institutional Investors Weigh In On Global X Dax Germany ETF

Several large investors have recently modified their holdings of DAX. Geneos Wealth Management Inc. bought a new position in shares of Global X Dax Germany ETF during the first quarter valued at approximately $55,000. Concurrent Investment Advisors LLC bought a new position in Global X Dax Germany ETF in the first quarter worth approximately $798,000. Finally, Benjamin F. Edwards & Company Inc. purchased a new stake in Global X Dax Germany ETF during the second quarter worth $37,000.

Global X Dax Germany ETF Company Profile

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.