Global X E-Commerce ETF (NASDAQ:EBIZ) Sees Large Growth in Short Interest

by · The Cerbat Gem

Global X E-Commerce ETF (NASDAQ:EBIZ – Get Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 30,800 shares, an increase of 1,084.6% from the December 15th total of 2,600 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is presently 2.1 days.

Global X E-Commerce ETF Trading Up 1.2 %

Global X E-Commerce ETF stock traded up $0.34 during trading on Tuesday, hitting $27.55. The company had a trading volume of 6,423 shares, compared to its average volume of 11,648. The stock has a market cap of $66.40 million, a price-to-earnings ratio of 33.69 and a beta of 1.24. Global X E-Commerce ETF has a 1-year low of $19.77 and a 1-year high of $30.77. The company’s 50 day simple moving average is $28.27 and its 200-day simple moving average is $26.18.

Global X E-Commerce ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.0077 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Hedge Funds Weigh In On Global X E-Commerce ETF

A hedge fund recently bought a new stake in Global X E-Commerce ETF stock. CreativeOne Wealth LLC acquired a new position in shares of Global X E-Commerce ETF (NASDAQ:EBIZ – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 filing with the Securities & Exchange Commission.

Global X E-Commerce ETF Company Profile

(Get Free Report)

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.

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