Short Interest in Global X India Active ETF (NYSEARCA:NDIA) Expands By 83.8%

Global X India Active ETF (NYSEARCA:NDIA) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 13,600 shares, a growth of 83.8% from the August 31st total of 7,400 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is currently 3.0 days. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is currently 3.0 days.

Institutional Investors Weigh In On Global X India Active ETF

Several institutional investors and hedge funds have recently made changes to their positions in NDIA. Stone House Investment Management LLC acquired a new stake in Global X India Active ETF during the second quarter worth approximately $165,000. Jane Street Group LLC acquired a new position in Global X India Active ETF in the second quarter valued at approximately $327,000. IHT Wealth Management LLC increased its stake in shares of Global X India Active ETF by 7.3% in the 2nd quarter. IHT Wealth Management LLC now owns 16,250 shares of the company’s stock valued at $499,000 after acquiring an additional 1,100 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Global X India Active ETF during the 2nd quarter valued at $5,540,000. Finally, Boothe Investment Group Inc. bought a new position in Global X India Active ETF during the second quarter worth $11,742,000.

Global X India Active ETF Trading Up 0.9%

Shares of NDIA opened at $29.11 on Tuesday. The firm’s fifty day simple moving average is $29.19 and its two-hundred day simple moving average is $29.36. Global X India Active ETF has a 12 month low of $25.69 and a 12 month high of $33.10. The stock has a market capitalization of $50.07 million, a P/E ratio of 26.49 and a beta of 0.55.

Global X India Active ETF Company Profile

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.