Global X FinTech Thematic ETF (NASDAQ:FINX) Short Interest Update

Global X FinTech Thematic ETF (NASDAQ:FINX) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 213,900 shares, an increase of 28.1% from the October 31st total of 167,000 shares. Based on an average daily volume of 75,400 shares, the short-interest ratio is presently 2.8 days.

Global X FinTech Thematic ETF Stock Down 0.7 %

Shares of NASDAQ FINX traded down $0.24 during midday trading on Monday, reaching $33.76. The company had a trading volume of 54,446 shares, compared to its average volume of 76,241. The stock has a market cap of $324.77 million, a PE ratio of 29.40 and a beta of 1.35. Global X FinTech Thematic ETF has a one year low of $22.91 and a one year high of $34.20. The firm’s fifty day moving average price is $30.17 and its 200-day moving average price is $27.43.

Institutional Investors Weigh In On Global X FinTech Thematic ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Global X FinTech Thematic ETF by 5,742.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 78,400 shares of the company’s stock worth $2,202,000 after purchasing an additional 77,058 shares during the last quarter. Eagle Strategies LLC purchased a new stake in shares of Global X FinTech Thematic ETF during the second quarter valued at $1,439,000. Dynamic Advisor Solutions LLC acquired a new position in shares of Global X FinTech Thematic ETF in the third quarter valued at about $905,000. Cetera Investment Advisers increased its holdings in Global X FinTech Thematic ETF by 94.8% in the 2nd quarter. Cetera Investment Advisers now owns 48,481 shares of the company’s stock worth $1,220,000 after buying an additional 23,596 shares during the period. Finally, PVG Asset Management Corp purchased a new position in shares of Global X FinTech Thematic ETF during the second quarter worth $310,000.

Global X FinTech Thematic ETF Company Profile

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.