Short Interest in Global X Dax Germany ETF (NASDAQ:DAX) Rises By 5.2%

Global X Dax Germany ETF (NASDAQ:DAXGet Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 48,500 shares, an increase of 5.2% from the April 30th total of 46,100 shares. Based on an average daily volume of 17,100 shares, the short-interest ratio is currently 2.8 days.

Global X Dax Germany ETF Trading Up 0.6 %

NASDAQ DAX opened at $33.65 on Tuesday. The company’s 50-day moving average price is $32.92 and its 200-day moving average price is $31.58. The stock has a market cap of $73.36 million, a PE ratio of 15.06 and a beta of 1.01. Global X Dax Germany ETF has a 12 month low of $25.90 and a 12 month high of $34.25.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Osborne Partners Capital Management LLC grew its holdings in shares of Global X Dax Germany ETF by 1.8% in the fourth quarter. Osborne Partners Capital Management LLC now owns 672,099 shares of the exchange traded fund’s stock worth $20,734,000 after purchasing an additional 11,636 shares during the last quarter. TAP Consulting LLC grew its holdings in shares of Global X Dax Germany ETF by 1.4% in the third quarter. TAP Consulting LLC now owns 60,428 shares of the exchange traded fund’s stock worth $1,642,000 after purchasing an additional 848 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in shares of Global X Dax Germany ETF in the first quarter worth about $798,000. Bank Hapoalim BM bought a new position in shares of Global X Dax Germany ETF in the fourth quarter worth about $201,000. Finally, Geneos Wealth Management Inc. bought a new position in Global X Dax Germany ETF during the 1st quarter worth about $55,000.

Global X Dax Germany ETF Company Profile

(Get Free Report)

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.

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