Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Short Interest Update
by Scott Moore · The Cerbat GemGlobal X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 404 shares, a decrease of 42.7% from the May 31st total of 705 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,785 shares, the days-to-cover ratio is presently 0.0 days.
Global X Adaptive U.S. Risk Management ETF Stock Down 0.2%
ONOF traded down $0.07 during trading on Wednesday, hitting $39.87. 4,448 shares of the company traded hands, compared to its average volume of 12,669. Global X Adaptive U.S. Risk Management ETF has a one year low of $34.21 and a one year high of $40.71. The stock’s fifty day moving average is $39.45 and its 200 day moving average is $38.15. The firm has a market cap of $153.90 million, a P/E ratio of 26.12 and a beta of 0.78.
Institutional Investors Weigh In On Global X Adaptive U.S. Risk Management ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of ONOF. Bank of America Corp DE raised its stake in Global X Adaptive U.S. Risk Management ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 5,743 shares of the company’s stock valued at $197,000 after purchasing an additional 298 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of Global X Adaptive U.S. Risk Management ETF in the 3rd quarter worth $472,000. Maridea Wealth Management LLC bought a new position in shares of Global X Adaptive U.S. Risk Management ETF in the 1st quarter worth $2,156,000. Align Financial LLC purchased a new stake in shares of Global X Adaptive U.S. Risk Management ETF during the 4th quarter valued at $6,102,000. Finally, Cetera Investment Advisers raised its position in shares of Global X Adaptive U.S. Risk Management ETF by 1.2% during the 1st quarter. Cetera Investment Advisers now owns 297,246 shares of the company’s stock valued at $10,774,000 after buying an additional 3,507 shares in the last quarter.
Global X Adaptive U.S. Risk Management ETF Company Profile
The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.
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