Global X HealthTech ETF (NASDAQ:HEAL) Sees Significant Decline in Short Interest

Global X HealthTech ETF (NASDAQ:HEALGet Free Report) was the recipient of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 1,547 shares, a decline of 74.3% from the January 29th total of 6,028 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 19,205 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 19,205 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Global X HealthTech ETF Stock Up 1.5%

HEAL stock opened at $26.40 on Thursday. The firm has a market cap of $35.11 million, a price-to-earnings ratio of 42.80 and a beta of 1.13. The company’s fifty day simple moving average is $28.75 and its 200 day simple moving average is $30.58. Global X HealthTech ETF has a 12-month low of $24.48 and a 12-month high of $34.20.

Global X HealthTech ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.0718 per share. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On Global X HealthTech ETF

Large investors have recently bought and sold shares of the stock. AE Wealth Management LLC bought a new stake in Global X HealthTech ETF in the third quarter valued at $34,000. Banque Cantonale Vaudoise bought a new stake in Global X HealthTech ETF in the 3rd quarter valued at about $37,000. Glenmede Investment Management LP bought a new stake in Global X HealthTech ETF in the 3rd quarter valued at about $31,000. Daiwa Securities Group Inc. acquired a new position in Global X HealthTech ETF during the 3rd quarter worth approximately $11,239,000. Finally, Raymond James Financial Inc. bought a new position in Global X HealthTech ETF in the third quarter worth approximately $274,000.

About Global X HealthTech ETF

(Get Free Report)

An ETF that invests in companies at the intersection of healthcare and technology, targeting innovations in drug discovery, medical devices, consumer healthcare, and analytics.

Further Reading

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