Short Interest in Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Decreases By 65.7%

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQGet Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 14,611 shares, a decrease of 65.7% from the March 31st total of 42,643 shares. Based on an average daily volume of 20,686 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Global X MSCI China Consumer Discretionary ETF Trading Up 0.1%

Shares of CHIQ stock opened at $19.93 on Friday. The stock has a 50 day moving average of $20.17 and a two-hundred day moving average of $21.42. Global X MSCI China Consumer Discretionary ETF has a 12 month low of $19.11 and a 12 month high of $24.67. The company has a market capitalization of $151.87 million, a P/E ratio of 15.04 and a beta of 0.35.

Institutional Trading of Global X MSCI China Consumer Discretionary ETF

Hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. bought a new stake in shares of Global X MSCI China Consumer Discretionary ETF in the 1st quarter worth approximately $252,000. Flow Traders U.S. LLC bought a new stake in shares of Global X MSCI China Consumer Discretionary ETF in the 2nd quarter worth approximately $306,000. Finally, Fifth Third Securities Inc. bought a new stake in shares of Global X MSCI China Consumer Discretionary ETF in the 4th quarter worth approximately $348,000.

Global X MSCI China Consumer Discretionary ETF Company Profile

(Get Free Report)

Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.

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