ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG) Sees Large Growth in Short Interest

ALPS O’Shares Global Internet Giants ETF (NYSEARCA:OGIG) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,491 shares, an increase of 321.7% from the August 31st total of 1,065 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 6,957 shares, the short-interest ratio is currently 0.6 days.

ALPS O’Shares Global Internet Giants ETF Trading Down 1.0%

OGIG traded down $0.49 during trading on Friday, reaching $50.34. 1,763 shares of the company were exchanged, compared to its average volume of 10,770. The stock has a market cap of $105.71 million, a P/E ratio of 35.27 and a beta of 1.32. ALPS O’Shares Global Internet Giants ETF has a 52 week low of $39.07 and a 52 week high of $58.76. The firm has a 50 day moving average of $49.14 and a 200 day moving average of $46.01.

About ALPS O’Shares Global Internet Giants ETF

The ALPS O’Shares Global Internet Giants ETF Shares (OGIG) is an exchange-traded fund that is based on the O’Shares Global Internet Giants index. The fund tracks an index of global internet and internet technology stocks, selected and weighted by growth and quality factors. OGIG was launched on Jun 5, 2018 and is managed by ALPS.