Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) Sees Large Increase in Short Interest

Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 359 shares, a growth of 663.8% from the October 15th total of 47 shares. Based on an average trading volume of 2,257 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Global X Morningstar Capital Allocation Leaders ETF

A hedge fund recently raised its stake in Global X Morningstar Capital Allocation Leaders ETF stock. Bank of America Corp DE raised its stake in Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) by 1.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,576 shares of the company’s stock after purchasing an additional 348 shares during the period. Bank of America Corp DE owned 0.81% of Global X Morningstar Capital Allocation Leaders ETF worth $855,000 at the end of the most recent quarter.

Global X Morningstar Capital Allocation Leaders ETF Trading Down 0.3%

CPTL stock opened at $48.63 on Wednesday. Global X Morningstar Capital Allocation Leaders ETF has a 1-year low of $40.41 and a 1-year high of $49.85. The business’s 50 day simple moving average is $48.78 and its 200 day simple moving average is $46.41. The firm has a market capitalization of $110.87 million, a PE ratio of 25.68 and a beta of 1.01.

About Global X Morningstar Capital Allocation Leaders ETF

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.