Global X Guru Index ETF (NYSEARCA:GURU) Shares Shorted: Short Interest Down 88.1% in September

Global X Guru Index ETF (NYSEARCA:GURU) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 218 shares, a decrease of 88.1% from the September 15th total of 1,826 shares. Based on an average daily volume of 969 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Global X Guru Index ETF Stock Performance

Shares of NYSEARCA GURU traded down $0.39 during trading hours on Monday, reaching $67.56. 621 shares of the stock were exchanged, compared to its average volume of 1,431. The firm has a market capitalization of $60.13 million, a price-to-earnings ratio of 21.69 and a beta of 1.00. The stock’s fifty day simple moving average is $69.16 and its 200 day simple moving average is $66.90. Global X Guru Index ETF has a 52 week low of $56.96 and a 52 week high of $71.08.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Guru Index ETF stock. Citadel Advisors LLC lifted its position in shares of Global X Guru Index ETF (NYSEARCA:GURU) by 54.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,326 shares of the company’s stock after buying an additional 2,579 shares during the quarter. Citadel Advisors LLC owned about 0.81% of Global X Guru Index ETF worth $513,000 as of its most recent SEC filing.

About Global X Guru Index ETF

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.