Global X Cybersecurity ETF (NASDAQ:BUG – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 78,300 shares, an increase of 138.0% from the September 15th total of 32,900 shares. Based on an average trading volume of 165,700 shares, the days-to-cover ratio is currently 0.5 days.
Global X Cybersecurity ETF Price Performance
Shares of BUG traded up $0.36 during midday trading on Friday, hitting $32.33. The stock had a trading volume of 134,215 shares, compared to its average volume of 191,832. Global X Cybersecurity ETF has a 1 year low of $22.55 and a 1 year high of $32.45. The firm has a market cap of $794.02 million, a PE ratio of 29.10 and a beta of 0.86. The stock’s 50 day moving average is $30.16 and its 200 day moving average is $29.35.
Institutional Investors Weigh In On Global X Cybersecurity ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas purchased a new stake in shares of Global X Cybersecurity ETF in the first quarter valued at $25,000. Aptus Capital Advisors LLC grew its holdings in shares of Global X Cybersecurity ETF by 107.4% in the second quarter. Aptus Capital Advisors LLC now owns 1,091 shares of the company’s stock worth $32,000 after purchasing an additional 565 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of Global X Cybersecurity ETF in the first quarter worth about $57,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Global X Cybersecurity ETF in the second quarter worth about $59,000. Finally, International Assets Investment Management LLC bought a new position in shares of Global X Cybersecurity ETF in the second quarter worth about $66,000.
Global X Cybersecurity ETF Company Profile
The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.
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