Short Interest in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Declines By 6.4%

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 8,800 shares, a decline of 6.4% from the December 15th total of 9,400 shares. Based on an average daily trading volume, of 32,900 shares, the short-interest ratio is currently 0.3 days.

Global X Telemedicine & Digital Health ETF Stock Performance

Global X Telemedicine & Digital Health ETF stock remained flat at $10.27 during trading hours on Friday. 9,303 shares of the company’s stock were exchanged, compared to its average volume of 30,964. The company’s 50 day simple moving average is $10.11 and its two-hundred day simple moving average is $9.62. Global X Telemedicine & Digital Health ETF has a 1-year low of $8.41 and a 1-year high of $10.65. The stock has a market cap of $38.10 million, a PE ratio of 23.44 and a beta of 0.88.

Global X Telemedicine & Digital Health ETF Company Profile

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.