Global X Aging Population ETF (NASDAQ:AGNG) Sees Large Growth in Short Interest

Global X Aging Population ETF (NASDAQ:AGNG) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 8,800 shares, a growth of 282.6% from the August 15th total of 2,300 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is currently 1.1 days.

Global X Aging Population ETF Trading Down 0.2 %

Shares of NASDAQ:AGNG traded down $0.08 during trading on Thursday, hitting $32.65. 148 shares of the company were exchanged, compared to its average volume of 6,418. The stock has a market cap of $63.67 million, a price-to-earnings ratio of 30.96 and a beta of 0.76. Global X Aging Population ETF has a fifty-two week low of $24.41 and a fifty-two week high of $33.64. The firm has a fifty day moving average price of $31.64 and a two-hundred day moving average price of $30.36.

Global X Aging Population ETF Announces Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, July 5th. Investors of record on Thursday, June 27th were issued a dividend of $0.1043 per share. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Global X Aging Population ETF stock. REDW Wealth LLC acquired a new stake in Global X Aging Population ETF (NASDAQ:AGNG) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,904 shares of the company’s stock, valued at approximately $328,000. REDW Wealth LLC owned approximately 0.53% of Global X Aging Population ETF at the end of the most recent reporting period.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.