Short Interest in Global X Education ETF (NASDAQ:EDUT) Increases By 25.0%

Global X Education ETF (NASDAQ:EDUTGet Rating) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 1,500 shares, an increase of 25.0% from the March 15th total of 1,200 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is currently 0.8 days.

NASDAQ:EDUT traded down $0.22 on Tuesday, hitting $7.49. The stock had a trading volume of 1,039 shares, compared to its average volume of 2,639. The company’s fifty day moving average price is $7.80. Global X Education ETF has a 52 week low of $7.03 and a 52 week high of $17.54.

A hedge fund recently bought a new stake in Global X Education ETF stock. Royal Bank of Canada bought a new stake in Global X Education ETF (NASDAQ:EDUTGet Rating) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,380 shares of the company’s stock, valued at approximately $77,000. Royal Bank of Canada owned approximately 0.79% of Global X Education ETF as of its most recent SEC filing.

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