Global X FinTech ETF (NASDAQ:FINX) Short Interest Down 45.6% in September

by James · September 28, 2022

The Global X FinTech ETF (NASDAQ:FINX – Get Rating ) was the recipient of a significant decline in short interest during the month of September. As of September 15, there was short interest on a total of 288,000 shares, a decrease of 45.6% from a total of 529,000 shares on August 31. Based on an average daily trading volume of 229,400 shares, the short interest ratio is currently 1.3 days.

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Global X FinTech ETF Price Performance

NASDAQ FINX traded up $0.62 during trading hours on Wednesday, reaching $21.14. The stock had a trading volume of 144,706 shares, compared to its average volume of 303,486. Global X FinTech ETF has a 52-week low of $20.36 and a 52-week high of $53.07. The stock has a fifty day moving average of $24.08 and a 200 day moving average of $25.37.

Institutional investors are weighing in on the Global X FinTech ETF

Several hedge funds have recently bought and sold shares. Citigroup Inc. boosted its position in Global X FinTech ETF by 16,540.5% in the 1st quarter. Citigroup Inc. now owns 2,271,925 shares of the company’s stock worth $72,747,000 after buying an additional 2,258,272 shares in the last quarter. Bank of America Corp DE boosted its position in Global X FinTech ETF by 95.5% in the 1st quarter. Bank of America Corp DE now owns 806,811 shares of the company’s stock worth $25,834,000 after buying an additional 394,081 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Global X FinTech ETF by 19.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 566,637 shares of the company’s stock worth $18,144,000 after purchasing an additional 90,484 shares in the last quarter. Mirabella Financial Services LLP purchased a new stake in Global X FinTech ETF in the 4th quarter worth approximately $14,128,000. Finally, Gerber Kawasaki Wealth & Investment Management boosted its position in Global X FinTech ETF by 27.6% in the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 169,988 shares of the company’s stock worth $3,620,000 after buying an additional 36,817 shares in the last quarter.

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