Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) Stock Short Interest Climbs 109.1%

Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 138 shares, an increase of 109.1% from the August 31st total of 66 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,961 shares, the days-to-cover ratio is presently 0.0 days.

Global X Morningstar Capital Allocation Leaders ETF Price Performance

CPTL opened at $48.62 on Wednesday. The company has a market capitalization of $112.80 million, a price-to-earnings ratio of 22.63 and a beta of 1.01. The firm has a 50-day moving average price of $48.19 and a 200-day moving average price of $46.56. Global X Morningstar Capital Allocation Leaders ETF has a twelve month low of $40.41 and a twelve month high of $49.85.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its position in shares of Global X Morningstar Capital Allocation Leaders ETF by 1.7% during the first quarter. Bank of America Corp DE now owns 20,576 shares of the company’s stock worth $855,000 after acquiring an additional 348 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Global X Morningstar Capital Allocation Leaders ETF by 3.7% in the first quarter. Wealthfront Advisers LLC now owns 28,058 shares of the company’s stock worth $1,166,000 after acquiring an additional 999 shares during the period. Ascentis Independent Advisors purchased a new position in shares of Global X Morningstar Capital Allocation Leaders ETF in the first quarter valued at $70,000. Finally, Syntegra Private Wealth Group LLC grew its position in shares of Global X Morningstar Capital Allocation Leaders ETF by 14.8% in the first quarter. Syntegra Private Wealth Group LLC now owns 10,976 shares of the company’s stock valued at $456,000 after purchasing an additional 1,418 shares in the last quarter.

Global X Morningstar Capital Allocation Leaders ETF Company Profile

Global X Conscious Companies ETF is an exchange-traded fund managed by Global X Management Company LLC. The fund seeks to provide diversified exposure to companies that demonstrate a commitment to responsible corporate practices and positive relationships with key stakeholders, including employees, customers, suppliers, communities and shareholders.

The portfolio is designed to follow an index-based investment approach and generally invests in equity securities of companies that meet defined environmental, social and governance-related criteria.