Global X HealthTech ETF (NASDAQ:HEAL) Sees Large Growth in Short Interest

Global X HealthTech ETF (NASDAQ:HEALGet Free Report) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 3,038 shares, a growth of 96.4% from the February 12th total of 1,547 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 15,092 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 15,092 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in HEAL. Daiwa Securities Group Inc. bought a new position in shares of Global X HealthTech ETF during the 3rd quarter valued at $11,239,000. WT Wealth Management lifted its stake in Global X HealthTech ETF by 10.1% in the fourth quarter. WT Wealth Management now owns 88,171 shares of the company’s stock worth $2,576,000 after purchasing an additional 8,066 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in Global X HealthTech ETF during the third quarter valued at about $368,000. Raymond James Financial Inc. purchased a new stake in Global X HealthTech ETF during the third quarter valued at about $274,000. Finally, Citadel Advisors LLC bought a new position in shares of Global X HealthTech ETF during the third quarter valued at about $216,000.

Global X HealthTech ETF Trading Down 3.0%

Shares of Global X HealthTech ETF stock traded down $0.76 on Thursday, hitting $24.86. 47,638 shares of the company traded hands, compared to its average volume of 15,297. Global X HealthTech ETF has a 12-month low of $24.48 and a 12-month high of $34.20. The company has a market cap of $33.06 million, a P/E ratio of 42.80 and a beta of 1.13. The firm’s 50-day simple moving average is $28.02 and its 200 day simple moving average is $30.23.

Global X HealthTech ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a $0.0718 dividend. The ex-dividend date was Tuesday, December 30th.

Global X HealthTech ETF Company Profile

(Get Free Report)

An ETF that invests in companies at the intersection of healthcare and technology, targeting innovations in drug discovery, medical devices, consumer healthcare, and analytics.

Recommended Stories

Receive News & Ratings for Global X HealthTech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X HealthTech ETF and related companies with MarketBeat.com's FREE daily email newsletter.