Global X E-Commerce ETF (NASDAQ:EBIZ) Short Interest Up 550.0% in December

Global X E-Commerce ETF (NASDAQ:EBIZ) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,600 shares, an increase of 550.0% from the November 30th total of 400 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is presently 0.4 days.

Global X E-Commerce ETF Stock Up 0.2 %

Shares of Global X E-Commerce ETF stock traded up $0.06 during trading on Thursday, reaching $28.58. 574,848 shares of the stock were exchanged, compared to its average volume of 12,377. Global X E-Commerce ETF has a 1 year low of $19.77 and a 1 year high of $30.77. The stock’s fifty day moving average is $27.95 and its 200 day moving average is $25.81. The firm has a market cap of $60.30 million, a price-to-earnings ratio of 33.69 and a beta of 1.24.

Hedge Funds Weigh In On Global X E-Commerce ETF

A hedge fund recently bought a new stake in Global X E-Commerce ETF stock. CreativeOne Wealth LLC purchased a new position in Global X E-Commerce ETF (NASDAQ:EBIZ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 9,999 shares of the company’s stock, valued at approximately $275,000. CreativeOne Wealth LLC owned approximately 0.47% of Global X E-Commerce ETF at the end of the most recent reporting period.

Global X E-Commerce ETF Company Profile

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.