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

Global X E-Commerce ETF (NASDAQ:EBIZ) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 7,910 shares, a decrease of 15.5% from the December 31st total of 9,366 shares. Based on an average daily trading volume, of 8,977 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 8,977 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Global X E-Commerce ETF during the second quarter worth about $31,000. Founders Financial Alliance LLC purchased a new position in Global X E-Commerce ETF in the third quarter valued at $78,000. Sei Investments Co. purchased a new stake in Global X E-Commerce ETF during the 2nd quarter worth about $213,000. Golden State Equity Partners acquired a new position in shares of Global X E-Commerce ETF during the 4th quarter worth about $284,000. Finally, Bank of America Corp DE raised its position in shares of Global X E-Commerce ETF by 2.7% during the 2nd quarter. Bank of America Corp DE now owns 12,076 shares of the company’s stock worth $370,000 after acquiring an additional 323 shares in the last quarter.

Global X E-Commerce ETF Price Performance

Shares of EBIZ opened at $30.82 on Wednesday. The firm has a 50-day simple moving average of $32.92 and a two-hundred day simple moving average of $33.35. The stock has a market cap of $47.46 million, a PE ratio of 21.86 and a beta of 1.26. Global X E-Commerce ETF has a 1-year low of $23.51 and a 1-year high of $36.00.

Global X E-Commerce ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a $0.0686 dividend. This represents a yield of 42.0%. The ex-dividend date was Tuesday, December 30th.

Global X E-Commerce ETF Company Profile

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.