Global X Guru Index ETF (NYSEARCA:GURU) Short Interest Update

Global X Guru Index ETF (NYSEARCA:GURU) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,313 shares, an increase of 119.7% from the August 15th total of 1,053 shares. Based on an average daily trading volume, of 914 shares, the short-interest ratio is currently 2.5 days. Currently, 0.3% of the company’s shares are short sold.

Hedge Funds Weigh In On Global X Guru Index ETF

Several institutional investors have recently bought and sold shares of GURU. Citadel Advisors LLC lifted its position in shares of Global X Guru Index ETF by 54.3% during the second quarter. Citadel Advisors LLC now owns 7,326 shares of the company’s stock worth $513,000 after purchasing an additional 2,579 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Global X Guru Index ETF by 4.3% in the fourth quarter. LPL Financial LLC now owns 17,423 shares of the company’s stock valued at $1,089,000 after purchasing an additional 715 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Global X Guru Index ETF in the third quarter valued at approximately $37,000. Raymond James Financial Inc. increased its stake in Global X Guru Index ETF by 45.1% during the 3rd quarter. Raymond James Financial Inc. now owns 4,905 shares of the company’s stock worth $292,000 after buying an additional 1,524 shares during the period. Finally, Jones Financial Companies Lllp purchased a new stake in Global X Guru Index ETF during the 1st quarter worth approximately $51,000.

Global X Guru Index ETF Stock Performance

Shares of NYSEARCA GURU traded down $0.44 during trading on Monday, reaching $68.61. The stock had a trading volume of 592 shares, compared to its average volume of 1,500. The company has a market cap of $62.44 million, a P/E ratio of 21.69 and a beta of 0.99. Global X Guru Index ETF has a fifty-two week low of $56.96 and a fifty-two week high of $71.08. The business’s 50-day moving average price is $69.17 and its 200-day moving average price is $65.82.

Global X Guru Index ETF Company Profile

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.