Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Sees Large Drop in Short Interest

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 5,700 shares, a decline of 98.2% from the October 15th total of 314,500 shares. Based on an average daily trading volume, of 25,000 shares, the days-to-cover ratio is presently 0.2 days.

Global X Telemedicine & Digital Health ETF Stock Performance

EDOC opened at $10.10 on Wednesday. The stock has a market capitalization of $43.53 million, a price-to-earnings ratio of 23.44 and a beta of 0.88. The company has a fifty day moving average of $9.65 and a 200 day moving average of $9.29. Global X Telemedicine & Digital Health ETF has a fifty-two week low of $8.14 and a fifty-two week high of $10.31.

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.