Global X FinTech ETF (NASDAQ:FINX) Stock Short Interest Report for September

Global X FinTech ETF (NASDAQ:FINX) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 144,970 shares, a drop of 37.2% from the September 15th total of 230,666 shares. Based on an average daily volume of 37,850 shares, the short-interest ratio is presently 3.8 days. Currently, 2.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Sherman Asset Management Inc. bought a new stake in Global X FinTech ETF during the 1st quarter worth approximately $27,000. Headlands Technologies LLC purchased a new stake in shares of Global X FinTech ETF in the second quarter worth approximately $116,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Global X FinTech ETF by 15.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,327 shares of the company’s stock valued at $127,000 after purchasing an additional 566 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new position in shares of Global X FinTech ETF in the second quarter valued at approximately $377,000. Finally, Risk Paradigm Group LLC bought a new position in shares of Global X FinTech ETF in the second quarter valued at approximately $377,000.

Global X FinTech ETF Trading Down 2.7%

NASDAQ FINX traded down $0.68 during mid-day trading on Friday, hitting $24.33. The company’s stock had a trading volume of 41,504 shares, compared to its average volume of 80,892. The company’s 50 day simple moving average is $25.94 and its 200 day simple moving average is $25.39. Global X FinTech ETF has a twelve month low of $22.08 and a twelve month high of $35.32. The firm has a market capitalization of $154.98 million, a price-to-earnings ratio of 31.36 and a beta of 1.55.

Global X FinTech ETF Company Profile

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.