Global X Clean Water ETF (NASDAQ:AQWA) Sees Large Decrease in Short Interest

Global X Clean Water ETF (NASDAQ:AQWA) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,700 shares, a decline of 15.0% from the February 13th total of 2,000 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global X Clean Water ETF stock. Addison Advisors LLC raised its position in shares of Global X Clean Water ETF (NASDAQ:AQWA) by 36.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,260 shares of the company’s stock after acquiring an additional 1,680 shares during the quarter. Addison Advisors LLC owned approximately 1.08% of Global X Clean Water ETF worth $105,000 as of its most recent SEC filing.

Global X Clean Water ETF Price Performance

Shares of NASDAQ:AQWA opened at $17.14 on Thursday. The business’s 50 day moving average price is $17.13 and its 200-day moving average price is $17.62. Global X Clean Water ETF has a 1 year low of $16.17 and a 1 year high of $18.86. The firm has a market capitalization of $9.94 million, a price-to-earnings ratio of 23.13 and a beta of 1.00.

Global X Clean Water ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.1528 dividend. The ex-dividend date was Monday, December 30th.

About Global X Clean Water ETF

The Global X Clean Water ETF (AQWA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water. AQWA was launched on Apr 8, 2021 and is managed by Global X.