Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) Sees Large Growth in Short Interest

Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 359 shares, a growth of 663.8% from the October 15th total of 47 shares. Based on an average daily trading volume, of 2,257 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Morningstar Capital Allocation Leaders ETF stock. Bank of America Corp DE increased its position in Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) by 1.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,576 shares of the company’s stock after purchasing an additional 348 shares during the period. Bank of America Corp DE owned 0.81% of Global X Morningstar Capital Allocation Leaders ETF worth $855,000 at the end of the most recent reporting period.

Global X Morningstar Capital Allocation Leaders ETF Stock Performance

CPTL stock opened at $49.44 on Friday. Global X Morningstar Capital Allocation Leaders ETF has a fifty-two week low of $40.41 and a fifty-two week high of $49.85. The business’s 50 day moving average price is $48.82 and its two-hundred day moving average price is $46.47. The company has a market capitalization of $112.71 million, a price-to-earnings ratio of 25.68 and a beta of 1.01.

About Global X Morningstar Capital Allocation Leaders ETF

Global X Conscious Companies ETF is an exchange-traded fund managed by Global X Management Company LLC. The fund seeks to provide diversified exposure to companies that demonstrate a commitment to responsible corporate practices and positive relationships with key stakeholders, including employees, customers, suppliers, communities and shareholders. The portfolio is designed to follow an index-based investment approach and generally invests in equity securities of companies that meet defined environmental, social and governance-related criteria.