Global X Disruptive Materials ETF (NASDAQ:DMAT) Sees Significant Growth in Short Interest

Global X Disruptive Materials ETF (NASDAQ:DMATGet Free Report) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 2,200 shares, an increase of 57.1% from the October 31st total of 1,400 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Disruptive Materials ETF stock. Jane Street Group LLC raised its stake in Global X Disruptive Materials ETF (NASDAQ:DMATFree Report) by 136.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,044 shares of the company’s stock after purchasing an additional 16,746 shares during the period. Jane Street Group LLC owned 7.85% of Global X Disruptive Materials ETF worth $463,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 5.34% of the company’s stock.

Global X Disruptive Materials ETF Stock Performance

NASDAQ:DMAT traded up $0.03 during trading hours on Friday, reaching $15.73. The company’s stock had a trading volume of 195 shares, compared to its average volume of 2,776. The stock has a 50 day moving average price of $16.05 and a two-hundred day moving average price of $15.18. The company has a market capitalization of $5.82 million, a P/E ratio of -2,288.23 and a beta of 1.05. Global X Disruptive Materials ETF has a 12 month low of $12.28 and a 12 month high of $17.82.

About Global X Disruptive Materials ETF

(Get Free Report)

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.

Featured Stories

Receive News & Ratings for Global X Disruptive Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Disruptive Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.