Global X Disruptive Materials ETF (NASDAQ:DMAT) Short Interest Update

Global X Disruptive Materials ETF (NASDAQ:DMAT) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 7,240 shares, an increase of 301.3% from the February 12th total of 1,804 shares. Based on an average daily volume of 27,726 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 27,726 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Global X Disruptive Materials ETF

Several institutional investors and hedge funds have recently made changes to their positions in DMAT. Envestnet Asset Management Inc. grew its holdings in shares of Global X Disruptive Materials ETF by 8.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,663 shares of the company’s stock worth $192,000 after purchasing an additional 957 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Global X Disruptive Materials ETF by 11.1% during the 2nd quarter. Cetera Investment Advisers now owns 12,005 shares of the company’s stock valued at $198,000 after purchasing an additional 1,199 shares during the last quarter. Jane Street Group LLC acquired a new position in Global X Disruptive Materials ETF in the fourth quarter valued at about $295,000. Truist Financial Corp bought a new stake in Global X Disruptive Materials ETF during the third quarter worth about $311,000. Finally, Susquehanna International Group LLP bought a new stake in Global X Disruptive Materials ETF during the third quarter worth about $368,000. Institutional investors and hedge funds own 5.34% of the company’s stock.

Global X Disruptive Materials ETF Trading Up 2.0%

Shares of DMAT opened at $31.89 on Wednesday. The stock has a market cap of $42.73 million, a PE ratio of -4,649.37 and a beta of 0.94. Global X Disruptive Materials ETF has a 1 year low of $12.05 and a 1 year high of $36.92. The stock has a 50 day simple moving average of $32.64 and a 200-day simple moving average of $27.15.

Global X Disruptive Materials ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.0495 per share. This represents a yield of 35.0%. The ex-dividend date was Tuesday, December 30th. Global X Disruptive Materials ETF’s dividend payout ratio is currently -2,624.29%.

About Global X Disruptive Materials ETF

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.