Global X India Active ETF (NYSEARCA:NDIA) Short Interest Update

Global X India Active ETF (NYSEARCA:NDIA) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 956 shares, a decline of 92.7% from the April 15th total of 13,102 shares. Based on an average daily volume of 5,544 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Global X India Active ETF

Institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Global X India Active ETF by 48.1% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 266,900 shares of the company’s stock worth $7,648,000 after purchasing an additional 86,660 shares during the period. Empire Financial Management Company LLC raised its stake in shares of Global X India Active ETF by 2.7% in the 4th quarter. Empire Financial Management Company LLC now owns 47,115 shares of the company’s stock valued at $1,404,000 after acquiring an additional 1,220 shares during the period. IHT Wealth Management LLC raised its stake in shares of Global X India Active ETF by 19.5% in the 4th quarter. IHT Wealth Management LLC now owns 40,030 shares of the company’s stock valued at $1,193,000 after acquiring an additional 6,525 shares during the period. OLD Mission Capital LLC raised its stake in shares of Global X India Active ETF by 171.0% in the 4th quarter. OLD Mission Capital LLC now owns 31,486 shares of the company’s stock valued at $938,000 after acquiring an additional 19,867 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of Global X India Active ETF by 58.6% in the 4th quarter. Jane Street Group LLC now owns 11,411 shares of the company’s stock valued at $340,000 after acquiring an additional 4,218 shares during the period.

Global X India Active ETF Trading Down 3.4%

NDIA stock traded down $0.94 during trading on Monday, reaching $26.52. 2,096 shares of the stock were exchanged, compared to its average volume of 7,027. The business has a 50 day moving average price of $27.10 and a 200-day moving average price of $28.79. Global X India Active ETF has a 1 year low of $25.04 and a 1 year high of $31.93. The firm has a market capitalization of $54.63 million, a price-to-earnings ratio of 26.49 and a beta of 0.41.

About Global X India Active ETF

The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.