Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 800 shares, an increase of 33.3% from the October 31st total of 600 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Global X E-Commerce ETF

An institutional investor recently bought a new position in Global X E-Commerce ETF stock. CreativeOne Wealth LLC acquired a new stake in Global X E-Commerce ETF (NASDAQ:EBIZ) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 9,999 shares of the company’s stock, valued at approximately $275,000. CreativeOne Wealth LLC owned approximately 0.47% of Global X E-Commerce ETF as of its most recent SEC filing.

Global X E-Commerce ETF Trading Up 0.7 %

Shares of EBIZ opened at $28.94 on Friday. The stock has a market cap of $61.06 million, a P/E ratio of 33.69 and a beta of 1.24. The stock’s 50-day moving average price is $27.33 and its two-hundred day moving average price is $25.18. Global X E-Commerce ETF has a 1 year low of $19.71 and a 1 year high of $28.95.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.