Global X Cybersecurity ETF (NASDAQ:BUG) Short Interest Up 108.7% in November

Global X Cybersecurity ETF (NASDAQ:BUG) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 219,800 shares, a growth of 108.7% from the October 31st total of 105,300 shares. Based on an average daily volume of 131,100 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On Global X Cybersecurity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Granite Bay Wealth Management LLC bought a new position in shares of Global X Cybersecurity ETF during the 2nd quarter valued at about $410,690,000. Moss Adams Wealth Advisors LLC bought a new position in Global X Cybersecurity ETF during the second quarter valued at approximately $38,796,000. Cetera Investment Advisers raised its stake in shares of Global X Cybersecurity ETF by 215.0% during the first quarter. Cetera Investment Advisers now owns 172,477 shares of the company’s stock worth $5,131,000 after acquiring an additional 117,715 shares in the last quarter. Cetera Advisors LLC lifted its holdings in shares of Global X Cybersecurity ETF by 748.7% in the 1st quarter. Cetera Advisors LLC now owns 76,838 shares of the company’s stock worth $2,286,000 after acquiring an additional 67,784 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Global X Cybersecurity ETF by 25.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,799 shares of the company’s stock valued at $6,220,000 after purchasing an additional 40,799 shares in the last quarter.

Global X Cybersecurity ETF Price Performance

Shares of NASDAQ:BUG traded up $0.01 on Friday, hitting $33.53. The company’s stock had a trading volume of 49,144 shares, compared to its average volume of 183,465. The company has a market capitalization of $812.77 million, a PE ratio of 29.10 and a beta of 0.86. The company has a 50-day simple moving average of $31.82 and a 200 day simple moving average of $30.20. Global X Cybersecurity ETF has a 1 year low of $26.03 and a 1 year high of $34.16.

Global X Cybersecurity ETF Company Profile

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.