Global X Aging Population ETF (NASDAQ:AGNG) Short Interest Down 15.4% in October

Global X Aging Population ETF (NASDAQ:AGNG) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 1,100 shares, a decrease of 15.4% from the October 15th total of 1,300 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Global X Aging Population ETF

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

Global X Aging Population ETF Stock Performance

AGNG opened at $30.82 on Friday. The business’s 50-day simple moving average is $32.48 and its 200-day simple moving average is $31.34. The company has a market cap of $59.78 million, a P/E ratio of 30.96 and a beta of 0.76. Global X Aging Population ETF has a one year low of $25.97 and a one year high of $33.64.

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.