Short interest in Global X FinTech ETF (NASDAQ:FINX) fell 12.0% in December.
The number of short positions in the Global X FinTech ETF (NASDAQ: FINX ) saw a significant decline in December. There were a total of 280,800 shares available for short sale as of November 30; however, as of December 15, only 247,100 shares were available for short sale, representing a 12.0% decrease from the total number of shares available for short sale as of November 30. The days-to-cover ratio is 1.2, determined based on an average trading volume of 205,500 shares. You can find the number in the following sentence.
On Monday, trading for NASDAQ FINX began with an opening price of $19.25. Global X FinTech ETF reached a low in the past year of just $18.35, while its high in the past year was $40.60. The stock’s moving average over the past 50 days is $19.96, and the moving average over the past 200 days is $21.85.
Recently, a number of hedge funds and other types of institutional investors have bought and sold shares in the company. Other types of institutional investors have also been involved in this activity. At the end of the third quarter, Mirabella Financial Services LLP’s stake in Global X FinTech ETF was 38.7% higher than at the beginning. During the last quarter Mirabella Financial Services LLP increased its holdings in the company’s stock by 348,486 shares, bringing the total number of shares it owns to 1,248,968 with a market value of $25,554,000. During the third quarter of 2018, TPB Wealth Advisors increased the amount of money it had invested in Global X Fintech ETF by 497.6%. After purchasing an additional 689,727 shares during the last quarter, TPB Wealth Advisors now owns 828,335 shares of the company’s stock valued at $17,106,000 because of purchases during the last quarter. The total number of shares held by the company as a result of this brings the total to 828,335. During the first three months of 2018, Bank of America Corp. (DE) a 95.5% increase in the proportion of its holdings allocated to the Global X FinTech ETF. After purchasing an additional 394,081 shares during the last fiscal quarter, Bank of America Corp. (DE) now a total of 806,811 shares, valued at $25,834,000. This brings the total number of shares the company owns to 806,811. 173.5% of Fisher Asset Management LLC’s holdings were invested in Global X Fintech ETF during the third quarter of 2018. After making additional purchases totaling 360,380 shares during the last quarter, Fisher Asset Management LLC now owns 568,117 shares in its portfolio. The total value of the stock holdings held by Fisher Asset Management LLC comes to $11,521,000. During the first three months of 2018, Mirae Asset Global Investments Co. Ltd. the share of its total assets in the Global X FinTech ETF by 19.0 percent. Mirae Asset Global Investments Co. Ltd. now owns 566,637 shares of the company’s stock, which is worth $18,144,000. This was due to the acquisition of an additional 90,484 shares during the last fiscal quarter.
In addition, the company has recently announced a half-yearly dividend which will be distributed on 9 January this year. The announcement came recently. Friday 30 December, a dividend of 0.001 cents per share will be paid to shareholders who still own their shares. The dividend payment will be made. The dividend will be withheld from the shareholder accounts on Thursday 29 December.
