Global X U.S. Cash Flow Kings 100 ETF (NYSEARCA:FLOW) Short Interest Down 33.9% in July

Global X U.S. Cash Flow Kings 100 ETF (NYSEARCA:FLOW) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 8,001 shares, a drop of 33.9% from the June 30th total of 12,103 shares. Based on an average trading volume of 1,829 shares, the short-interest ratio is presently 4.4 days. Approximately 1.1% of the company’s shares are sold short.

Global X U.S. Cash Flow Kings 100 ETF Price Performance

Shares of NYSEARCA:FLOW opened at $41.54 on Friday. The company has a market capitalization of $30.32 million, a price-to-earnings ratio of 26.13 and a beta of 0.74. The business’s 50-day moving average is $38.97 and its 200-day moving average is $37.27. Global X U.S. Cash Flow Kings 100 ETF has a 1 year low of $31.48 and a 1 year high of $42.74.

About Global X U.S. Cash Flow Kings 100 ETF

The Global X U.S. Cash Flow Kings 100 ETF (FLOW) is an exchange-traded fund that is based on the Global X U.S. Cash Flow Kings 100 index. The fund tracks an index of large- and mid-capitalization US companies that are perceived to have high profitability metrics based on free cash flow yield. FLOW was launched on Jul 10, 2023 and is issued by Global X.