Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Update

Global X E-Commerce ETF (NASDAQ:EBIZ) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 30,800 shares, an increase of 1,084.6% from the December 31st total of 2,600 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is currently 2.1 days.

Global X E-Commerce ETF Stock Performance

Global X E-Commerce ETF stock opened at $30.15 on Thursday. Global X E-Commerce ETF has a fifty-two week low of $20.10 and a fifty-two week high of $30.77. The company has a market capitalization of $72.66 million, a price-to-earnings ratio of 33.69 and a beta of 1.24. The stock has a fifty day moving average of $28.60 and a two-hundred day moving average of $26.56.

Global X E-Commerce ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a $0.0077 dividend. The ex-dividend date was Monday, December 30th.

Institutional Trading of Global X E-Commerce ETF

A hedge fund recently raised its stake in Global X E-Commerce ETF stock. Bank of Montreal Can boosted its holdings in Global X E-Commerce ETF (NASDAQ:EBIZ) by 231.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 43,346 shares of the company’s stock after buying an additional 30,278 shares during the period. Bank of Montreal Can owned 1.67% of Global X E-Commerce ETF worth $1,069,000 at the end of the most recent reporting period.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.