Global X Aging Population ETF (NASDAQ:AGNG) Sees Large Drop in Short Interest

Global X Aging Population ETF (NASDAQ:AGNG) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 8,591 shares, a drop of 77.1% from the June 15th total of 37,505 shares. Based on an average daily trading volume, of 20,627 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are short sold.

Global X Aging Population ETF Stock Down 0.3%

Shares of NASDAQ:AGNG traded down $0.10 during trading on Friday, reaching $36.51. The stock had a trading volume of 10,669 shares, compared to its average volume of 19,045. The stock has a fifty day simple moving average of $35.39 and a two-hundred day simple moving average of $36.15. Global X Aging Population ETF has a 52 week low of $31.71 and a 52 week high of $39.48. The firm has a market capitalization of $85.80 million, a price-to-earnings ratio of 24.67 and a beta of 0.61.

Global X Aging Population ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were paid a $0.1556 dividend. The ex-dividend date was Monday, June 29th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Sei Investments Co. raised its position in shares of Global X Aging Population ETF by 76.2% during the second quarter. Sei Investments Co. now owns 11,784 shares of the company’s stock valued at $376,000 after buying an additional 5,097 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Global X Aging Population ETF by 220.6% in the second quarter. Bank of America Corp DE now owns 23,479 shares of the company’s stock valued at $749,000 after buying an additional 16,156 shares during the period. Paller Financial Services Inc acquired a new stake in Global X Aging Population ETF during the fourth quarter worth about $1,006,000. Stratos Wealth Partners LTD. grew its position in Global X Aging Population ETF by 4.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 7,875 shares of the company’s stock worth $283,000 after buying an additional 340 shares in the last quarter. Finally, Northbridge Financial Group LLC bought a new position in Global X Aging Population ETF during the fourth quarter valued at about $218,000.

Global X Aging Population ETF Company Profile

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.