Short Interest in Global X S&P 500 U.S. Market Leaders Top 50 ETF (NYSEARCA:FLAG) Decreases By 73.7%

Global X S&P 500 U.S. Market Leaders Top 50 ETF (NYSEARCA:FLAGGet Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 44 shares, a drop of 73.7% from the June 30th total of 167 shares. Based on an average trading volume of 292 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Global X S&P 500 U.S. Market Leaders Top 50 ETF Stock Performance

FLAG traded up $0.35 during midday trading on Friday, reaching $27.68. 82 shares of the company’s stock were exchanged, compared to its average volume of 373. Global X S&P 500 U.S. Market Leaders Top 50 ETF has a 1-year low of $25.57 and a 1-year high of $28.35. The business’s 50-day moving average price is $27.64 and its 200 day moving average price is $27.38.

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