Global X Infrastructure Development ex-U.S. ETF (BATS:IPAV) Short Interest Update

Global X Infrastructure Development ex-U.S. ETF (BATS:IPAV) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 9,059 shares, a decrease of 38.5% from the August 31st total of 14,722 shares. Currently, 4.5% of the shares of the company are sold short. Based on an average trading volume of 1,875 shares, the short-interest ratio is currently 4.8 days.

Global X Infrastructure Development ex-U.S. ETF Trading Up 0.0%

IPAV opened at $30.56 on Friday. The business’s 50 day moving average is $31.83 and its 200-day moving average is $32.21. The stock has a market cap of $6.11 million and a PE ratio of 17.03. Global X Infrastructure Development ex-U.S. ETF has a twelve month low of $27.96 and a twelve month high of $35.40.

Hedge Funds Weigh In On Global X Infrastructure Development ex-U.S. ETF

An institutional investor recently bought a new position in Global X Infrastructure Development ex-U.S. ETF stock. Allworth Financial LP acquired a new position in Global X Infrastructure Development ex-U.S. ETF (BATS:IPAV) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 766 shares of the company’s stock, valued at approximately $25,000. Allworth Financial LP owned approximately 0.38% of Global X Infrastructure Development ex-U.S. ETF as of its most recent filing with the SEC.

About Global X Infrastructure Development ex-U.S. ETF

The Global X Infrastructure Development ex-U.S. ETF (IPAV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies outside the US that derive the majority of their revenue from infrastructure development. IPAV was launched on Aug 27, 2024 and is issued by Global X.