Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Shares Shorted: Short Interest Up 142.3% in September

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 39,276 shares, a growth of 142.3% from the August 31st total of 16,212 shares. Based on an average daily volume of 18,363 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.6% of the company’s stock are sold short.

Global X MSCI China Consumer Discretionary ETF Price Performance

CHIQ stock opened at $16.01 on Tuesday. The business’s 50-day moving average is $17.34 and its two-hundred day moving average is $18.23. The firm has a market capitalization of $103.42 million, a P/E ratio of 15.04 and a beta of 0.29. Global X MSCI China Consumer Discretionary ETF has a 1 year low of $15.48 and a 1 year high of $24.67.

About Global X MSCI China Consumer Discretionary ETF

Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.