Global X HealthTech ETF (NASDAQ:HEAL) Short Interest Update

Global X HealthTech ETF (NASDAQ:HEAL) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 1,547 shares, a drop of 74.3% from the January 29th total of 6,028 shares. Based on an average trading volume of 19,205 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 19,205 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Global X HealthTech ETF

Large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its position in Global X HealthTech ETF by 26,522.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,396 shares of the company’s stock valued at $70,000 after buying an additional 2,387 shares during the period. WT Wealth Management lifted its holdings in shares of Global X HealthTech ETF by 10.1% in the 4th quarter. WT Wealth Management now owns 88,171 shares of the company’s stock valued at $2,576,000 after acquiring an additional 8,066 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in Global X HealthTech ETF in the fourth quarter worth about $111,000. Flow Traders U.S. LLC bought a new stake in Global X HealthTech ETF during the third quarter worth approximately $368,000. Finally, Citadel Advisors LLC purchased a new stake in Global X HealthTech ETF during the third quarter valued at approximately $216,000.

Global X HealthTech ETF Stock Down 0.9%

Shares of HEAL stock traded down $0.24 on Friday, reaching $26.61. The company’s stock had a trading volume of 12,840 shares, compared to its average volume of 15,437. The company has a market capitalization of $35.39 million, a P/E ratio of 42.80 and a beta of 1.13. Global X HealthTech ETF has a 12-month low of $24.48 and a 12-month high of $34.20. The stock’s 50 day simple moving average is $28.63 and its 200-day simple moving average is $30.53.

Global X HealthTech ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.0718 per share. The ex-dividend date of this dividend was Tuesday, December 30th.

About Global X HealthTech ETF

An ETF that invests in companies at the intersection of healthcare and technology, targeting innovations in drug discovery, medical devices, consumer healthcare, and analytics.