Global X India Active ETF (NYSEARCA:NDIA) Short Interest Up 663.0% in August

Global X India Active ETF (NYSEARCA:NDIA) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 11,689 shares, a growth of 663.0% from the July 30th total of 1,532 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 4,252 shares, the short-interest ratio is presently 2.7 days.

Global X India Active ETF Stock Performance

NYSEARCA:NDIA opened at $27.85 on Wednesday. Global X India Active ETF has a one year low of $25.04 and a one year high of $30.68. The stock has a market cap of $59.88 million, a PE ratio of 26.49 and a beta of 0.35. The stock has a 50 day moving average price of $27.30 and a 200 day moving average price of $27.31.

Institutional Trading of Global X India Active ETF

Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of Global X India Active ETF during the 2nd quarter worth $327,000. IHT Wealth Management LLC grew its holdings in shares of Global X India Active ETF by 7.3% in the second quarter. IHT Wealth Management LLC now owns 16,250 shares of the company’s stock valued at $499,000 after purchasing an additional 1,100 shares during the period. OLD Mission Capital LLC increased its position in Global X India Active ETF by 171.0% during the fourth quarter. OLD Mission Capital LLC now owns 31,486 shares of the company’s stock worth $938,000 after purchasing an additional 19,867 shares during the last quarter. Empire Financial Management Company LLC increased its position in Global X India Active ETF by 10.2% during the first quarter. Empire Financial Management Company LLC now owns 51,906 shares of the company’s stock worth $1,343,000 after purchasing an additional 4,791 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in Global X India Active ETF by 3.0% during the first quarter. Royal Bank of Canada now owns 129,015 shares of the company’s stock worth $3,339,000 after purchasing an additional 3,785 shares during the period.

About Global X India Active ETF

The Global X India Active ETF (NDIA) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Indian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. NDIA was launched on Aug 17, 2023 and is issued by Global X.