Global X S&P 500 U.S. Market Leaders Top 50 ETF (NYSEARCA:FLAG) Short Interest Up 2,102.9% in August

Global X S&P 500 U.S. Market Leaders Top 50 ETF (NYSEARCA:FLAG – Get Free Report) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 771 shares, an increase of 2,102.9% from the July 30th total of 35 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 301 shares, the short-interest ratio is currently 2.6 days.

Global X S&P 500 U.S. Market Leaders Top 50 ETF Price Performance

Shares of FLAG traded up $0.06 during mid-day trading on Tuesday, hitting $29.00. The company had a trading volume of 130 shares, compared to its average volume of 363. The business’s 50-day simple moving average is $28.06 and its 200-day simple moving average is $27.50. Global X S&P 500 U.S. Market Leaders Top 50 ETF has a 1-year low of $25.57 and a 1-year high of $29.02.

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