Global X Thematic Growth ETF (NASDAQ:GXTG) Short Interest Down 98.3% in October

Global X Thematic Growth ETF (NASDAQ:GXTG) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a decrease of 98.3% from the September 30th total of 5,900 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 0.0 days.

Global X Thematic Growth ETF Trading Up 1.6 %

Global X Thematic Growth ETF stock traded up $0.39 during trading on Friday, hitting $24.88. The company had a trading volume of 1,808 shares, compared to its average volume of 7,192. The stock has a market cap of $16.17 million, a price-to-earnings ratio of 16.66 and a beta of 1.23. Global X Thematic Growth ETF has a 1-year low of $20.88 and a 1-year high of $26.12. The company’s 50 day simple moving average is $24.03 and its 200-day simple moving average is $23.52.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GXTG. Elmwood Wealth Management Inc. increased its holdings in Global X Thematic Growth ETF by 17.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 73,016 shares of the company’s stock worth $1,856,000 after purchasing an additional 11,076 shares during the period. Cetera Advisors LLC acquired a new stake in Global X Thematic Growth ETF in the first quarter valued at approximately $736,000. Clarity Capital Partners LLC lifted its stake in Global X Thematic Growth ETF by 13.3% in the first quarter. Clarity Capital Partners LLC now owns 23,631 shares of the company’s stock worth $570,000 after acquiring an additional 2,779 shares during the last quarter. Finally, Highline Wealth Partners LLC purchased a new position in Global X Thematic Growth ETF in the third quarter worth approximately $45,000.

Global X Thematic Growth ETF Company Profile

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.