Global X FinTech ETF (NASDAQ:FINX) Stock Short Interest Report for September

Global X FinTech ETF (NASDAQ:FINX) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 144,970 shares, a decrease of 37.2% from the September 15th total of 230,666 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average trading volume of 37,850 shares, the days-to-cover ratio is currently 3.8 days.

Global X FinTech ETF Trading Up 3.8%

Shares of FINX opened at $25.01 on Friday. The business’s fifty day simple moving average is $25.98 and its two-hundred day simple moving average is $25.39. Global X FinTech ETF has a 12 month low of $22.08 and a 12 month high of $35.32. The company has a market cap of $159.31 million, a price-to-earnings ratio of 31.36 and a beta of 1.55.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FINX. Moran Wealth Management LLC lifted its holdings in shares of Global X FinTech ETF by 71.2% during the first quarter. Moran Wealth Management LLC now owns 89,744 shares of the company’s stock valued at $2,073,000 after purchasing an additional 37,329 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Global X FinTech ETF during the second quarter valued at $1,959,000. Farther Finance Advisors LLC increased its holdings in Global X FinTech ETF by 2.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 65,954 shares of the company’s stock worth $1,600,000 after buying an additional 1,765 shares in the last quarter. Archford Capital Strategies LLC increased its holdings in Global X FinTech ETF by 6.5% in the 2nd quarter. Archford Capital Strategies LLC now owns 23,937 shares of the company’s stock worth $591,000 after buying an additional 1,464 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its position in Global X FinTech ETF by 11.0% in the 1st quarter. Wealthfront Advisers LLC now owns 17,712 shares of the company’s stock worth $409,000 after buying an additional 1,754 shares during the last quarter.

Global X FinTech ETF Company Profile

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.