Short Interest in Global X FinTech Thematic ETF (NASDAQ:FINX) Declines By 12.1%

Global X FinTech Thematic ETF (NASDAQ:FINX) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 165,600 shares, a decline of 12.1% from the January 31st total of 188,400 shares. Based on an average trading volume of 76,400 shares, the short-interest ratio is presently 2.2 days.

Global X FinTech Thematic ETF Price Performance

Shares of FINX opened at $29.27 on Friday. Global X FinTech Thematic ETF has a 1-year low of $23.44 and a 1-year high of $34.43. The stock has a market cap of $294.16 million, a PE ratio of 33.24 and a beta of 1.35. The firm has a fifty day moving average price of $31.87 and a 200 day moving average price of $30.65.

Global X FinTech Thematic ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1684 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Global X FinTech Thematic ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in Global X FinTech Thematic ETF during the 4th quarter worth approximately $41,000. Legend Financial Advisors Inc. grew its position in Global X FinTech Thematic ETF by 36.1% during the fourth quarter. Legend Financial Advisors Inc. now owns 1,361 shares of the company’s stock worth $42,000 after buying an additional 361 shares during the period. National Bank of Canada FI grew its position in Global X FinTech Thematic ETF by 1,875.6% during the fourth quarter. National Bank of Canada FI now owns 1,778 shares of the company’s stock worth $56,000 after buying an additional 1,688 shares during the period. SBI Securities Co. Ltd. acquired a new position in Global X FinTech Thematic ETF during the fourth quarter worth about $71,000. Finally, US Bancorp DE grew its position in Global X FinTech Thematic ETF by 16.9% during the fourth quarter. US Bancorp DE now owns 2,473 shares of the company’s stock worth $77,000 after buying an additional 358 shares during the period.

Global X FinTech Thematic ETF Company Profile

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.