Short Interest in Global X Disruptive Materials ETF (NASDAQ:DMAT) Expands By 57.1%

Global X Disruptive Materials ETF (NASDAQ:DMAT) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,200 shares, a growth of 57.1% from the October 31st total of 1,400 shares. Based on an average daily volume of 3,200 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Global X Disruptive Materials ETF

An institutional investor recently raised its position in Global X Disruptive Materials ETF stock. Jane Street Group LLC boosted its stake in Global X Disruptive Materials ETF (NASDAQ:DMAT) by 136.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 29,044 shares of the company’s stock after acquiring an additional 16,746 shares during the quarter. Jane Street Group LLC owned 7.85% of Global X Disruptive Materials ETF worth $463,000 as of its most recent filing with the SEC. Institutional investors own 5.34% of the company’s stock.

Global X Disruptive Materials ETF Trading Up 0.7 %

Global X Disruptive Materials ETF stock traded up $0.11 during mid-day trading on Friday, hitting $15.81. The company had a trading volume of 5,381 shares, compared to its average volume of 2,798. The company has a market capitalization of $5.85 million, a price-to-earnings ratio of -2,304.27 and a beta of 1.05. Global X Disruptive Materials ETF has a 12-month low of $12.28 and a 12-month high of $17.82. The company’s fifty day moving average is $16.09 and its 200-day moving average is $15.16.

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.