Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 8,191 shares, a decrease of 71.3% from the March 31st total of 28,510 shares. Based on an average trading volume of 5,940 shares, the short-interest ratio is presently 1.4 days. Currently, 0.8% of the shares of the company are short sold.

Institutional Investors Weigh In On Global X E-Commerce ETF

Several institutional investors have recently made changes to their positions in the stock. UBS Group AG grew its position in Global X E-Commerce ETF by 0.8% during the third quarter. UBS Group AG now owns 268,101 shares of the company’s stock worth $9,395,000 after buying an additional 2,124 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Global X E-Commerce ETF by 61.2% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,809 shares of the company’s stock valued at $2,014,000 after acquiring an additional 24,979 shares in the last quarter. Susquehanna International Group LLP raised its holdings in Global X E-Commerce ETF by 111.4% in the 3rd quarter. Susquehanna International Group LLP now owns 53,606 shares of the company’s stock valued at $1,879,000 after acquiring an additional 28,245 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Global X E-Commerce ETF during the 3rd quarter valued at $1,539,000. Finally, Cetera Investment Advisers lifted its position in shares of Global X E-Commerce ETF by 9.7% during the 4th quarter. Cetera Investment Advisers now owns 23,595 shares of the company’s stock valued at $767,000 after acquiring an additional 2,077 shares during the period.

Global X E-Commerce ETF Stock Performance

NASDAQ:EBIZ traded up $0.12 during mid-day trading on Friday, reaching $28.61. 8,602 shares of the company’s stock were exchanged, compared to its average volume of 9,282. Global X E-Commerce ETF has a one year low of $25.85 and a one year high of $36.00. The business’s fifty day simple moving average is $27.80 and its two-hundred day simple moving average is $31.08. The firm has a market capitalization of $29.47 million, a PE ratio of 21.86 and a beta of 1.27.

About Global X E-Commerce ETF

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.