Short Interest in Global X Cybersecurity ETF (NASDAQ:BUG) Rises By 60.2%

Global X Cybersecurity ETF (NASDAQ:BUGGet Rating) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 759,400 shares, an increase of 60.2% from the March 31st total of 473,900 shares. Based on an average trading volume of 471,800 shares, the short-interest ratio is presently 1.6 days.

A number of hedge funds have recently modified their holdings of the business. Kestra Private Wealth Services LLC boosted its stake in Global X Cybersecurity ETF by 5.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 7,404 shares of the company’s stock valued at $235,000 after acquiring an additional 408 shares during the period. Archford Capital Strategies LLC raised its holdings in shares of Global X Cybersecurity ETF by 1.7% during the first quarter. Archford Capital Strategies LLC now owns 28,682 shares of the company’s stock valued at $905,000 after buying an additional 469 shares during the last quarter. CIBC World Markets Inc. raised its holdings in shares of Global X Cybersecurity ETF by 9.1% during the fourth quarter. CIBC World Markets Inc. now owns 7,303 shares of the company’s stock valued at $232,000 after buying an additional 608 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Global X Cybersecurity ETF by 1.1% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 62,107 shares of the company’s stock valued at $1,895,000 after buying an additional 654 shares during the last quarter. Finally, MV Capital Management Inc. raised its holdings in shares of Global X Cybersecurity ETF by 171.0% during the third quarter. MV Capital Management Inc. now owns 1,084 shares of the company’s stock valued at $33,000 after buying an additional 684 shares during the last quarter.

Shares of BUG stock opened at $29.12 on Friday. The business has a 50 day moving average of $30.48 and a two-hundred day moving average of $30.88. Global X Cybersecurity ETF has a 52 week low of $24.65 and a 52 week high of $35.10.

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