Global X Disruptive Materials ETF (NASDAQ:DMAT – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 8,000 shares, a decline of 7.0% from the June 15th total of 8,600 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 3.6 days.
Hedge Funds Weigh In On Global X Disruptive Materials ETF
A hedge fund recently bought a new stake in Global X Disruptive Materials ETF stock. Versant Capital Management Inc acquired a new stake in Global X Disruptive Materials ETF (NASDAQ:DMAT – Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,336 shares of the company’s stock, valued at approximately $94,000. Versant Capital Management Inc owned about 1.71% of Global X Disruptive Materials ETF at the end of the most recent reporting period. Institutional investors and hedge funds own 5.34% of the company’s stock.
Global X Disruptive Materials ETF Trading Down 1.7 %
Shares of NASDAQ:DMAT traded down $0.27 on Wednesday, hitting $14.96. The company had a trading volume of 585 shares, compared to its average volume of 3,037. Global X Disruptive Materials ETF has a 1-year low of $12.61 and a 1-year high of $19.24. The stock has a market cap of $5.53 million, a price-to-earnings ratio of -2,218.98 and a beta of 1.05. The stock has a 50 day moving average price of $15.83 and a 200 day moving average price of $15.03.
Global X Disruptive Materials ETF Dividend Announcement
About Global X Disruptive Materials ETF
The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.
Further Reading
- Five stocks we like better than Global X Disruptive Materials ETF
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Real Estate Stock Signals a Boom in Manufacturing Activity
- 3 Ways To Invest In Coffee, Other Than Drinking It
- This Medical Giant’s Stock Rebounds: A 15% Upside Is the Minimum
- What Are Dividend Achievers? An Introduction
- Financial Giant’s Shares Soar on EPS Beat and Record Asset Levels
Receive News & Ratings for Global X Disruptive Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Disruptive Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.