ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG) Sees Large Increase in Short Interest

ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,491 shares, an increase of 321.7% from the August 31st total of 1,065 shares. Based on an average daily trading volume, of 6,957 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

ALPS O’Shares Global Internet Giants ETF Stock Down 1.0%

OGIG traded down $0.49 on Friday, hitting $50.34. 1,763 shares of the company traded hands, compared to its average volume of 10,770. ALPS O’Shares Global Internet Giants ETF has a 12-month low of $39.07 and a 12-month high of $58.76. The company has a 50 day moving average of $49.14 and a 200-day moving average of $46.01. The stock has a market capitalization of $105.71 million, a PE ratio of 35.27 and a beta of 1.32.

ALPS O’Shares Global Internet Giants ETF Company Profile

The ALPS O’Shares Global Internet Giants ETF Shares (OGIG) is an exchange-traded fund that is based on the O’Shares Global Internet Giants index. The fund tracks an index of global internet and internet technology stocks, selected and weighted by growth and quality factors. OGIG was launched on Jun 5, 2018 and is managed by ALPS.