Global X Guru Index ETF (NYSEARCA:GURU) Stock Short Interest Drops 88.1%

Global X Guru Index ETF (NYSEARCA:GURU) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 218 shares, a decrease of 88.1% from the September 15th total of 1,826 shares. Based on an average daily volume of 969 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Global X Guru Index ETF Trading Up 1.0%

NYSEARCA GURU traded up $0.68 during trading hours on Friday, reaching $67.95. 1,305 shares of the company’s stock were exchanged, compared to its average volume of 1,435. The firm has a fifty day moving average of $69.16 and a 200-day moving average of $66.90. The stock has a market cap of $60.48 million, a PE ratio of 21.69 and a beta of 1.00. Global X Guru Index ETF has a one year low of $56.96 and a one year high of $71.08.

Hedge Funds Weigh In On Global X Guru Index ETF

A hedge fund recently raised its stake in Global X Guru Index ETF stock. Citadel Advisors LLC raised its holdings in Global X Guru Index ETF (NYSEARCA:GURU) by 54.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,326 shares of the company’s stock after buying an additional 2,579 shares during the period. Citadel Advisors LLC owned 0.81% of Global X Guru Index ETF worth $513,000 at the end of the most recent reporting period.

Global X Guru Index ETF Company Profile

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.