Global X FinTech ETF (NASDAQ:FINX) Short Interest Update
Global X FinTech ETF (NASDAQ:FINX – Get Rating ) received a big drop in short interest in November. As of November 30th, there was short interest totaling 280,800 shares, a decrease of 63.0% from a total of 758,100 shares on November 15th. Based on an average daily trading volume of 194,300 shares, the days-to-cover ratio is currently 1.4 days.
Global X FinTech ETF Price Performance
Shares of NASDAQ:FINX traded up $0.37 during trading on Tuesday, reaching $20.38. The company had a trading volume of 269,958 shares, compared to the average volume of 280,566. The company has a fifty day simple moving average of $20.37 and a two hundred day simple moving average of $22.31. Global X FinTech ETF has a one year low of $18.95 and a one year high of $43.26.
Institutional inflows and outflows
Several institutional investors and hedge funds have recently bought and sold shares in the company. Citigroup Inc. boosted its holdings in shares of Global X FinTech ETF by 16,540.5% in the first quarter. Citigroup Inc. now owns 2,271,925 shares of the company’s stock worth $72,747,000 after buying an additional 2,258,272 shares during the period. Mirabella Financial Services LLP raised its stake in Global X FinTech ETF by 38.7% in the third quarter. Mirabella Financial Services LLP now owns 1,248,968 shares of the company’s stock worth $25,554,000 after buying an additional 348,486 shares during the period. TPB Wealth Advisors raised its stake in Global X FinTech ETF by 497.6% in the third quarter. TPB Wealth Advisors now owns 828,335 shares of the company’s stock worth $17,106,000 after buying an additional 689,727 shares during the period. Bank of America Corp DE lifted its position in shares of Global X FinTech ETF by 95.5% during the first quarter. Bank of America Corp DE now owns 806,811 shares of the company’s stock worth $25,834,000 after purchasing an additional 394,081 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in Global X FinTech ETF by 173.5% during the third quarter. Fisher Asset Management LLC now owns 568,117 shares of the company’s stock valued at $11,521,000 after purchasing an additional 360,380 shares during the period.
Further reading
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-rated 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 “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the five shares here
