Global X Aging Population ETF (NASDAQ:AGNG) Sees Significant Decrease in Short Interest

Global X Aging Population ETF (NASDAQ:AGNG) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 100 shares, a drop of 50.0% from the November 15th total of 200 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. REDW Wealth LLC lifted its holdings in shares of Global X Aging Population ETF by 44.7% in the third quarter. REDW Wealth LLC now owns 36,814 shares of the company’s stock worth $1,209,000 after acquiring an additional 11,380 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in shares of Global X Aging Population ETF in the third quarter worth approximately $403,000. Black Swift Group LLC boosted its stake in shares of Global X Aging Population ETF by 10.2% in the 3rd quarter. Black Swift Group LLC now owns 10,665 shares of the company’s stock valued at $350,000 after purchasing an additional 990 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Global X Aging Population ETF during the third quarter worth $312,000.

Global X Aging Population ETF Price Performance

Global X Aging Population ETF stock traded down $0.13 during midday trading on Friday, hitting $30.81. The company’s stock had a trading volume of 1,338 shares, compared to its average volume of 6,693. Global X Aging Population ETF has a 1-year low of $27.68 and a 1-year high of $33.64. The company has a 50-day moving average price of $31.94 and a two-hundred day moving average price of $31.57. The company has a market cap of $59.77 million, a price-to-earnings ratio of 30.96 and a beta of 0.76.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.