Global X HealthTech ETF (NASDAQ:HEAL – Get Free Report) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 15,534 shares, an increase of 103.9% from the July 30th total of 7,620 shares. Based on an average daily trading volume, of 6,569 shares, the short-interest ratio is currently 2.4 days. Currently, 1.5% of the shares of the stock are sold short.
Global X HealthTech ETF Price Performance
NASDAQ HEAL opened at $29.72 on Monday. The stock’s 50 day simple moving average is $28.22 and its 200 day simple moving average is $26.30. Global X HealthTech ETF has a one year low of $23.00 and a one year high of $33.59. The firm has a market cap of $31.50 million, a PE ratio of 42.80 and a beta of 1.10.
Institutional Trading of Global X HealthTech ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Glenmede Investment Management LP bought a new stake in shares of Global X HealthTech ETF during the third quarter worth approximately $31,000. Banque Cantonale Vaudoise acquired a new stake in Global X HealthTech ETF during the 3rd quarter worth $37,000. EverSource Wealth Advisors LLC grew its holdings in Global X HealthTech ETF by 26,522.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,396 shares of the company’s stock worth $70,000 after acquiring an additional 2,387 shares during the period. Royal Bank of Canada raised its position in shares of Global X HealthTech ETF by 39.4% during the 1st quarter. Royal Bank of Canada now owns 2,603 shares of the company’s stock valued at $62,000 after acquiring an additional 736 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in shares of Global X HealthTech ETF in the 4th quarter valued at $111,000.
Global X HealthTech ETF Company Profile
An ETF that invests in companies at the intersection of healthcare and technology, targeting innovations in drug discovery, medical devices, consumer healthcare, and analytics.
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