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

Global X Aging Population ETF (NASDAQ:AGNG) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 13,400 shares, a growth of 57.6% from the March 31st total of 8,500 shares. Based on an average trading volume of 7,100 shares, the short-interest ratio is currently 1.9 days.

Hedge Funds Weigh In On Global X Aging Population ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. boosted its stake in Global X Aging Population ETF by 200.0% during the third quarter. Daiwa Securities Group Inc. now owns 600,000 shares of the company’s stock valued at $15,607,000 after buying an additional 400,000 shares in the last quarter. Mackenzie Financial Corp bought a new position in shares of Global X Aging Population ETF during the 3rd quarter valued at about $1,007,000. Principal Securities Inc. acquired a new position in shares of Global X Aging Population ETF in the 4th quarter worth approximately $1,108,000. Stratos Wealth Partners LTD. bought a new stake in shares of Global X Aging Population ETF in the 4th quarter worth approximately $206,000. Finally, HBW Advisory Services LLC acquired a new stake in Global X Aging Population ETF during the fourth quarter valued at approximately $28,000.

Global X Aging Population ETF Price Performance

NASDAQ AGNG opened at $28.47 on Monday. Global X Aging Population ETF has a 12 month low of $24.41 and a 12 month high of $30.59. The firm has a market capitalization of $56.37 million, a PE ratio of 30.99 and a beta of 0.76. The company’s 50 day simple moving average is $29.43 and its 200 day simple moving average is $28.03.

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.