Global X FinTech ETF (NASDAQ:FINX) Short interest up 552.5% in January
Global X FinTech ETF (NASDAQ:FINX – Get Rating ) saw significant growth in short interest during the month of January. As of January 31, there was short interest on a total of 643,400 shares, a growth of 552.5% from a total of 98,600 shares on January 15. Based on an average daily volume of 176,500 shares, the short interest ratio is currently 3.6 days.
Hedge funds weigh in on Global X FinTech ETF
→ Know your profit potential BEFORE you trade! (From Tradewins)
Several hedge funds have recently added to or reduced their stakes in FINX. Cetera Investment Advisers raised its stake in Global X FinTech ETF by 9.9% in the first quarter. Cetera Investment Advisers now owns 14,941 shares of the company’s stock valued at $478,000 after purchasing an additional 1,348 shares during the last quarter. Baird Financial Group Inc. raised its stake in Global X FinTech ETF by 5.9% in the first quarter. Baird Financial Group Inc. now owns 13,221 shares of the company’s stock valued at $423,000 after buying an additional 737 shares during the last quarter. Flow Traders US LLC raised its stake in Global X FinTech ETF by 104.6% in the first quarter. Flow Traders US LLC now owns 24,722 shares of the company’s stock valued at $792,000 after buying an additional 12,638 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Global X FinTech ETF by 153.6% in the first quarter. Renaissance Technologies LLC now owns 39,800 shares of the company’s stock valued at $1,274,000 after purchasing an additional 24,105 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new stake in Global X FinTech ETF in the first quarter valued at approximately $213,000.
Global X FinTech ETF stock performance
Global X FinTech ETF stock traded down $0.04 during mid-day trading on Friday, reaching $21.80. The company had a trading volume of 81,437 shares, compared to an average volume of 137,823. Global X FinTech ETF has a 1 year low of $18.35 and a 1 year high of $34.19. The company has a fifty day moving average of $20.48 and a 200 day moving average of $21.67.
Global X FinTech ETF cuts dividend
The business also recently declared a semi-annual dividend, which was paid on Monday, January 9th. Shareholders of record on Friday 30 December was paid a dividend of $0.001. The ex-dividend date for this dividend was Thursday, December 29.
read more
This instant news alert was generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial staff prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider the Global X FinTech ETF, you should hear this.
MarketBeat keeps track of Wall Street’s top-ranked and best-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and the Global X FinTech ETF wasn’t on the list.
While Global X FinTech ETF currently has a “hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the five shares here
