Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 13,112 shares, an increase of 29.5% from the January 29th total of 10,123 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,725 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 12,725 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.9% of the shares of the stock are sold short.

Hedge Funds Weigh In On Global X E-Commerce ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE increased its stake in Global X E-Commerce ETF by 2.7% during the 2nd quarter. Bank of America Corp DE now owns 12,076 shares of the company’s stock worth $370,000 after acquiring an additional 323 shares during the period. Vivaldi Capital Management LP increased its position in shares of Global X E-Commerce ETF by 3.7% in the fourth quarter. Vivaldi Capital Management LP now owns 17,085 shares of the company’s stock worth $555,000 after purchasing an additional 614 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Global X E-Commerce ETF in the second quarter valued at about $31,000. Cetera Investment Advisers raised its stake in Global X E-Commerce ETF by 9.7% in the fourth quarter. Cetera Investment Advisers now owns 23,595 shares of the company’s stock valued at $767,000 after purchasing an additional 2,077 shares in the last quarter. Finally, UBS Group AG lifted its position in Global X E-Commerce ETF by 0.8% during the third quarter. UBS Group AG now owns 268,101 shares of the company’s stock worth $9,395,000 after purchasing an additional 2,124 shares during the period.

Global X E-Commerce ETF Stock Up 1.5%

Global X E-Commerce ETF stock opened at $27.99 on Thursday. The stock has a market capitalization of $43.10 million, a PE ratio of 21.86 and a beta of 1.26. Global X E-Commerce ETF has a twelve month low of $23.51 and a twelve month high of $36.00. The company has a 50 day moving average of $31.34 and a 200-day moving average of $32.85.

Global X E-Commerce ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.0686 dividend. This represents a yield of 42.0%. The ex-dividend date was Tuesday, December 30th.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.