Global X FinTech Thematic ETF (NASDAQ:FINX) Short Interest Update

Global X FinTech Thematic ETF (NASDAQ:FINX) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 61,000 shares, a growth of 14.7% from the March 15th total of 53,200 shares. Based on an average trading volume of 108,100 shares, the days-to-cover ratio is currently 0.6 days.

Global X FinTech Thematic ETF Stock Performance

Shares of FINX stock traded down $0.19 during trading hours on Tuesday, reaching $25.21. The company had a trading volume of 67,541 shares, compared to its average volume of 107,973. The business has a fifty day moving average price of $26.40 and a 200-day moving average price of $23.79. Global X FinTech Thematic ETF has a one year low of $18.17 and a one year high of $27.97. The firm has a market cap of $324.20 million, a PE ratio of 31.69 and a beta of 1.35.

Institutional Trading of Global X FinTech Thematic ETF

Large investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Global X FinTech Thematic ETF by 50.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 332,067 shares of the company’s stock worth $8,491,000 after acquiring an additional 111,280 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Global X FinTech Thematic ETF by 116.6% in the third quarter. HighTower Advisors LLC now owns 46,149 shares of the company’s stock worth $928,000 after buying an additional 24,839 shares during the last quarter. UBS Group AG boosted its holdings in shares of Global X FinTech Thematic ETF by 22.5% in the third quarter. UBS Group AG now owns 352,819 shares of the company’s stock worth $7,106,000 after buying an additional 64,727 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Global X FinTech Thematic ETF by 9.7% in the third quarter. LPL Financial LLC now owns 181,308 shares of the company’s stock worth $3,652,000 after buying an additional 16,024 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its holdings in shares of Global X FinTech Thematic ETF by 3.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 16,386 shares of the company’s stock worth $419,000 after buying an additional 598 shares during the last quarter.

About Global X FinTech Thematic ETF

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.