Global X India Active ETF (NYSEARCA:NDIA) Short Interest Up 81.6% in January

Global X India Active ETF (NYSEARCA:NDIA) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 7,946 shares, an increase of 81.6% from the January 15th total of 4,376 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 8,476 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 8,476 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of Global X India Active ETF

A number of institutional investors have recently bought and sold shares of the business. Boothe Investment Group Inc. acquired a new stake in shares of Global X India Active ETF during the 2nd quarter worth about $11,742,000. Stone House Investment Management LLC purchased a new stake in shares of Global X India Active ETF during the 2nd quarter worth approximately $165,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Global X India Active ETF in the 2nd quarter valued at $5,540,000. Jane Street Group LLC purchased a new position in shares of Global X India Active ETF in the 2nd quarter valued at $327,000. Finally, IHT Wealth Management LLC raised its stake in Global X India Active ETF by 7.3% during the 2nd quarter. IHT Wealth Management LLC now owns 16,250 shares of the company’s stock worth $499,000 after acquiring an additional 1,100 shares in the last quarter.

Global X India Active ETF Stock Down 0.3%

NYSEARCA NDIA traded down $0.10 on Friday, hitting $29.53. 7,757 shares of the stock were exchanged, compared to its average volume of 7,185. Global X India Active ETF has a fifty-two week low of $25.69 and a fifty-two week high of $31.93. The company has a 50-day moving average price of $29.51 and a 200-day moving average price of $29.52. The company has a market cap of $58.17 million, a PE ratio of 26.49 and a beta of 0.19.

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.