Short Interest in Global X Aging Population ETF (NASDAQ:AGNG) Increases By 850.0%

Global X Aging Population ETF (NASDAQ:AGNG) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,900 shares, an increase of 850.0% from the December 31st total of 200 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.2 days.

Global X Aging Population ETF Stock Performance

Global X Aging Population ETF stock traded down $0.06 during trading on Tuesday, reaching $31.78. The company had a trading volume of 1,757 shares, compared to its average volume of 5,315. The firm has a market capitalization of $60.69 million, a PE ratio of 30.96 and a beta of 0.76. The firm’s 50-day simple moving average is $30.84 and its 200 day simple moving average is $31.68. Global X Aging Population ETF has a 1-year low of $28.01 and a 1-year high of $33.64.

Global X Aging Population ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.1462 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Insight Advisors LLC PA purchased a new position in Global X Aging Population ETF in the 4th quarter valued at about $279,000. Flow Traders U.S. LLC purchased a new position in shares of Global X Aging Population ETF in the third quarter valued at approximately $312,000. Black Swift Group LLC boosted its stake in shares of Global X Aging Population ETF by 10.2% in the third quarter. Black Swift Group LLC now owns 10,665 shares of the company’s stock worth $350,000 after acquiring an additional 990 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of Global X Aging Population ETF in the third quarter worth approximately $403,000. Finally, REDW Wealth LLC raised its stake in Global X Aging Population ETF by 44.7% in the 3rd quarter. REDW Wealth LLC now owns 36,814 shares of the company’s stock valued at $1,209,000 after purchasing an additional 11,380 shares during the last quarter.

Global X Aging Population ETF Company Profile

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.