Short Interest in Global X E-Commerce ETF (NASDAQ:EBIZ) Grows By 33.3%

Global X E-Commerce ETF (NASDAQ:EBIZ) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 800 shares, an increase of 33.3% from the October 31st total of 600 shares. Based on an average daily trading volume, of 10,200 shares, the short-interest ratio is currently 0.1 days.

Global X E-Commerce ETF Price Performance

NASDAQ:EBIZ opened at $28.94 on Monday. The company has a market cap of $61.06 million, a price-to-earnings ratio of 33.69 and a beta of 1.24. Global X E-Commerce ETF has a 1 year low of $19.71 and a 1 year high of $28.95. The stock’s 50 day simple moving average is $27.33 and its two-hundred day simple moving average is $25.18.

Institutional Investors 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 acquired a new position in Global X E-Commerce ETF (NASDAQ:EBIZ) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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 as of its most recent SEC filing.

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.