Global X FinTech Thematic ETF (NASDAQ:FINX) Short Interest Up 14.7% in March

Global X FinTech Thematic ETF (NASDAQ:FINX) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 61,000 shares, a growth of 14.7% from the March 15th total of 53,200 shares. Based on an average daily volume of 108,100 shares, the short-interest ratio is currently 0.6 days.

Global X FinTech Thematic ETF Trading Down 0.7 %

FINX stock traded down $0.19 during midday trading on Tuesday, reaching $25.21. The stock had a trading volume of 67,541 shares, compared to its average volume of 107,973. The company’s fifty day simple moving average is $26.40 and its 200 day simple moving average is $23.79. The company has a market cap of $324.20 million, a price-to-earnings ratio of 31.69 and a beta of 1.35. Global X FinTech Thematic ETF has a 52-week low of $18.17 and a 52-week high of $27.97.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Global X FinTech Thematic ETF by 50.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 332,067 shares of the company’s stock worth $8,491,000 after acquiring an additional 111,280 shares during the period. UBS Group AG raised its holdings in shares of Global X FinTech Thematic ETF by 22.5% during the 3rd quarter. UBS Group AG now owns 352,819 shares of the company’s stock worth $7,106,000 after acquiring an additional 64,727 shares during the period. HighTower Advisors LLC raised its holdings in shares of Global X FinTech Thematic ETF by 116.6% during the 3rd quarter. HighTower Advisors LLC now owns 46,149 shares of the company’s stock worth $928,000 after acquiring an additional 24,839 shares during the period. LPL Financial LLC raised its holdings in shares of Global X FinTech Thematic ETF by 9.7% during the 3rd quarter. LPL Financial LLC now owns 181,308 shares of the company’s stock worth $3,652,000 after acquiring an additional 16,024 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Global X FinTech Thematic ETF by 3.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 16,386 shares of the company’s stock worth $419,000 after acquiring an additional 598 shares during the period.

Global X FinTech Thematic ETF Company Profile

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.