Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Short Interest Update

Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 4,246 shares, a decrease of 64.7% from the August 15th total of 12,021 shares. Based on an average daily volume of 6,818 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Global X Adaptive U.S. Risk Management ETF

Institutional investors have recently modified their holdings of the business. LPL Financial LLC lifted its holdings in Global X Adaptive U.S. Risk Management ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 594,085 shares of the company’s stock worth $22,355,000 after acquiring an additional 46,687 shares during the period. Cetera Investment Advisers grew its stake in Global X Adaptive U.S. Risk Management ETF by 1.2% in the 1st quarter. Cetera Investment Advisers now owns 297,246 shares of the company’s stock valued at $10,774,000 after purchasing an additional 3,507 shares during the period. Align Financial LLC purchased a new stake in shares of Global X Adaptive U.S. Risk Management ETF during the 4th quarter valued at $6,102,000. Maridea Wealth Management LLC purchased a new stake in shares of Global X Adaptive U.S. Risk Management ETF during the 1st quarter valued at $2,156,000. Finally, Citadel Advisors LLC bought a new stake in shares of Global X Adaptive U.S. Risk Management ETF during the 3rd quarter worth $472,000.

Global X Adaptive U.S. Risk Management ETF Stock Performance

NYSEARCA:ONOF traded up $0.43 on Friday, hitting $40.81. The stock had a trading volume of 8,849 shares, compared to its average volume of 10,943. The stock has a market cap of $140.79 million, a P/E ratio of 26.12 and a beta of 0.78. Global X Adaptive U.S. Risk Management ETF has a 1 year low of $35.68 and a 1 year high of $41.62. The firm’s fifty day simple moving average is $40.51 and its two-hundred day simple moving average is $39.08.

Global X Adaptive U.S. Risk Management ETF Company Profile

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.