Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 9,366 shares, an increase of 69.1% from the December 15th total of 5,540 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 4,486 shares, the short-interest ratio is presently 2.1 days. Based on an average daily volume of 4,486 shares, the short-interest ratio is presently 2.1 days. Approximately 0.6% of the shares of the company are sold short.

Global X E-Commerce ETF Stock Performance

NASDAQ EBIZ opened at $33.07 on Friday. The firm’s fifty day moving average is $32.87 and its two-hundred day moving average is $33.18. Global X E-Commerce ETF has a one year low of $23.51 and a one year high of $36.00. The firm has a market cap of $50.93 million, a PE ratio of 21.86 and a beta of 1.26.

Global X E-Commerce ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a $0.0686 dividend. This represents a yield of 42.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Trading of Global X E-Commerce ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in shares of Global X E-Commerce ETF by 2.7% in the 2nd quarter. Bank of America Corp DE now owns 12,076 shares of the company’s stock valued at $370,000 after purchasing an additional 323 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Global X E-Commerce ETF during the second quarter worth $31,000. UBS Group AG lifted its holdings in shares of Global X E-Commerce ETF by 0.8% during the third quarter. UBS Group AG now owns 268,101 shares of the company’s stock worth $9,395,000 after purchasing an additional 2,124 shares during the period. Raymond James Financial Inc. grew its position in Global X E-Commerce ETF by 15.9% in the 2nd quarter. Raymond James Financial Inc. now owns 15,506 shares of the company’s stock valued at $474,000 after buying an additional 2,130 shares during the last quarter. Finally, Founders Financial Alliance LLC acquired a new position in Global X E-Commerce ETF in the 3rd quarter valued at $78,000.

Global X E-Commerce ETF Company Profile

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.