Short Interest in Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Expands By 23,100.0%

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 232 shares, a growth of 23,100.0% from the August 15th total of 1 shares. Based on an average daily trading volume, of 781 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Global X Dorsey Wright Thematic ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc lifted its holdings in shares of Global X Dorsey Wright Thematic ETF by 65.5% during the 1st quarter. AdvisorNet Financial Inc now owns 2,776 shares of the company’s stock valued at $62,000 after purchasing an additional 1,099 shares during the last quarter. AlphaCore Capital LLC acquired a new position in shares of Global X Dorsey Wright Thematic ETF in the 4th quarter valued at $34,000. Finally, Bank of America Corp DE purchased a new stake in Global X Dorsey Wright Thematic ETF during the third quarter worth $95,000.

Global X Dorsey Wright Thematic ETF Price Performance

Shares of NASDAQ:GXDW traded down $0.40 during trading hours on Thursday, hitting $23.87. 227 shares of the company’s stock traded hands, compared to its average volume of 3,856. The business has a fifty day moving average price of $24.14 and a 200-day moving average price of $25.27. Global X Dorsey Wright Thematic ETF has a 1 year low of $21.50 and a 1 year high of $30.73. The firm has a market capitalization of $6.21 million, a P/E ratio of 26.08 and a beta of 1.35.

Global X Dorsey Wright Thematic ETF Dividend Announcement

The firm also recently announced a semiannual dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a dividend of $0.0831 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a yield of 65.0%.

About Global X Dorsey Wright Thematic ETF

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.