Short Interest in Global X Aging Population ETF (NASDAQ:AGNG) Grows By 63.8%

Global X Aging Population ETF (NASDAQ:AGNG) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 22,610 shares, a growth of 63.8% from the January 29th total of 13,801 shares. Based on an average daily trading volume, of 13,306 shares, the short-interest ratio is presently 1.7 days. Approximately 1.0% of the company’s shares are short sold. Approximately 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 13,306 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in Global X Aging Population ETF by 118.8% during the 3rd quarter. Bank of America Corp DE now owns 51,377 shares of the company’s stock valued at $1,719,000 after buying an additional 27,898 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Global X Aging Population ETF by 38.0% during the fourth quarter. Cetera Investment Advisers now owns 34,019 shares of the company’s stock worth $1,221,000 after acquiring an additional 9,367 shares during the period. NewEdge Advisors LLC bought a new stake in shares of Global X Aging Population ETF during the fourth quarter valued at approximately $1,212,000. LPL Financial LLC raised its stake in shares of Global X Aging Population ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 32,702 shares of the company’s stock valued at $1,174,000 after acquiring an additional 3,691 shares in the last quarter. Finally, Paller Financial Services Inc purchased a new stake in shares of Global X Aging Population ETF in the fourth quarter valued at approximately $1,006,000.

Global X Aging Population ETF Stock Performance

Shares of NASDAQ AGNG opened at $38.35 on Friday. Global X Aging Population ETF has a fifty-two week low of $27.43 and a fifty-two week high of $39.48. The company has a market cap of $87.82 million, a price-to-earnings ratio of 24.67 and a beta of 0.70. The business’s 50 day moving average price is $37.16 and its 200-day moving average price is $35.36.

Global X Aging Population ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.1722 per share. This represents a dividend yield of 95.0%. The ex-dividend date was Tuesday, December 30th.

Global X Aging Population ETF Company Profile

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.