Short interest in Global X FinTech ETF (NASDAQ:FINX) surged 552.5% in January.

The Global X FinTech ETF (NASDAQ: FINX ) saw a significant increase in short positions in January compared to the previous month.

There were 643,400 shares available for short selling as of January 31.

This figure represents a 552.5% increase from the 98,600 shares available for short selling the previous day.

The current short interest ratio is 3.6 days, derived from the fact that the average daily volume of stocks sold short is 176,500.

This figure was used to calculate the present value of the short interest ratio.

Shares of Global X FinTech ETF traded down $0.04 during midday trading on Friday, hitting a new all-time high of $21.80.

The number of shares traded by the company was significantly lower than the average of 137,823 traded daily.

The one year low for Global X FinTech ETF can be found at the current price of $18.35 and the one year high can be found at the current price of $34.19.

Both the company’s fifty-day and two-hundred-day moving averages are currently sitting at $20.48, while the moving average for the latter number is sitting at $21.67.
Recent adjustments to hedge fund holdings in FINX have included both increases and decreases in the number of individual securities.

These changes have occurred as a result of market fluctuations.

Through the first three months of 2018, Cetera Investment Advisers increased the share of the Global X FinTech ETF in its portfolio by 9.9 percent.

There are currently 14,941 shares in the company that Cetera Investment Advisers owns.

These shares have a value of $478,000.

This was achieved by purchasing a further 1,348 shares during the last accounting quarter to achieve the desired result.

Baird Financial Group INC increased its holdings in Global X Fintech ETF by 5.9% in the first three months of 2019.

Baird Financial Group INC now owns a total of 13,221 shares of the company’s stock valued at $423,000 after purchasing an additional 737 shares of the company’s stock during the last fiscal quarter.

This brings the total number of shares in the company’s stock as Baird Financial Group INC. The value of Flow Traders US

LLC’s holdings in Global X Fintech ETF rose 104.6% during the first three months of 2018, according to the ETF’s most recent quarterly report. Flow Traders USA

LLC now owns 24,722 shares of the company’s stock worth $790,000 after purchasing an additional 12,638 shares during the last quarter. Renaissance Technologies LLC saw a 153.6% increase in the size of its holdings in Global X Fintech ETF during the first three months of 2018. Renaissance Technologies LLC currently owns 39,800 shares of the company’s stock after acquiring 24,105 shares in during the quarter.

The value of these 39,800 shares brings the company’s total holdings to $1,274,000.

And finally, in the first three months of 2018, Atria Wealth Solutions INC added approximately $213,000 worth of new holdings to Global X FinTech ETF.
In addition, the business announced its intention to pay a dividend for the half-yearly period on 9 January and has since proceeded to do so.

Those shareholders on the books as of December 30 were entitled to receive a dividend of 0.001 cents per share. On 29 December, the dividend payment, which was initially subject to certain deductions, finally started.