Global X Disruptive Materials ETF (NASDAQ:DMAT) Short Interest Up 77.6% in December

Global X Disruptive Materials ETF (NASDAQ:DMAT) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 60,762 shares, an increase of 77.6% from the December 15th total of 34,205 shares. Approximately 7.5% of the shares of the stock are short sold. Based on an average daily volume of 27,478 shares, the short-interest ratio is presently 2.2 days. Based on an average daily volume of 27,478 shares, the short-interest ratio is presently 2.2 days. Approximately 7.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On Global X Disruptive Materials ETF

Large investors have recently made changes to their positions in the company. Susquehanna International Group LLP bought a new position in Global X Disruptive Materials ETF during the 3rd quarter valued at about $368,000. Truist Financial Corp bought a new stake in Global X Disruptive Materials ETF during the third quarter worth about $311,000. Flow Traders U.S. LLC acquired a new stake in shares of Global X Disruptive Materials ETF during the second quarter worth approximately $326,000. Envestnet Asset Management Inc. raised its stake in shares of Global X Disruptive Materials ETF by 103.3% in the third quarter. Envestnet Asset Management Inc. now owns 23,715 shares of the company’s stock valued at $575,000 after acquiring an additional 12,052 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Global X Disruptive Materials ETF by 113.1% in the 1st quarter. Jane Street Group LLC now owns 22,524 shares of the company’s stock worth $325,000 after acquiring an additional 11,952 shares in the last quarter. Institutional investors own 5.34% of the company’s stock.

Global X Disruptive Materials ETF Trading Down 2.5%

DMAT stock opened at $31.38 on Friday. Global X Disruptive Materials ETF has a 1-year low of $12.05 and a 1-year high of $32.72. The business’s 50 day moving average is $26.85 and its 200-day moving average is $23.17. The firm has a market cap of $31.38 million, a P/E ratio of -4,575.01 and a beta of 0.94.

Global X Disruptive Materials ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.0495 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 35.0%. Global X Disruptive Materials ETF’s dividend payout ratio (DPR) is presently -2,624.29%.

Global X Disruptive Materials ETF Company Profile

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.