Global X India Active ETF (NYSEARCA:NDIA) Stock Short Interest Report for October

Global X India Active ETF (NYSEARCA:NDIA) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 450 shares, a decline of 99.3% from the October 15th total of 63,872 shares. Based on an average trading volume of 1,915 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Global X India Active ETF

A number of institutional investors and hedge funds have recently modified their holdings of NDIA. Boothe Investment Group Inc. raised its stake in Global X India Active ETF by 4.9% in the third quarter. Boothe Investment Group Inc. now owns 584,158 shares of the company’s stock valued at $15,247,000 after buying an additional 27,453 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Global X India Active ETF during the 2nd quarter worth about $301,000. Empire Financial Management Company LLC boosted its position in shares of Global X India Active ETF by 10.2% during the 1st quarter. Empire Financial Management Company LLC now owns 51,906 shares of the company’s stock worth $1,343,000 after acquiring an additional 4,791 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Global X India Active ETF by 3.0% in the 1st quarter. Royal Bank of Canada now owns 129,015 shares of the company’s stock valued at $3,339,000 after acquiring an additional 3,785 shares during the last quarter.

Global X India Active ETF Stock Performance

Shares of NYSEARCA:NDIA traded up $0.34 during trading hours on Tuesday, reaching $29.04. The stock had a trading volume of 7,243 shares, compared to its average volume of 8,502. Global X India Active ETF has a 1 year low of $25.04 and a 1 year high of $30.42. The firm’s 50 day moving average is $26.63 and its 200-day moving average is $27.21. The stock has a market capitalization of $55.76 million, a price-to-earnings ratio of 26.49 and a beta of 0.35.

Global X India Active ETF Company Profile

The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.