Global X Guru Index ETF (NYSEARCA:GURU) Short Interest Update

Global X Guru Index ETF (NYSEARCA:GURU) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,400 shares, a growth of 600.0% from the August 31st total of 200 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GURU. Jones Financial Companies Lllp acquired a new position in shares of Global X Guru Index ETF in the first quarter worth about $51,000. Raymond James Financial Inc. acquired a new position in shares of Global X Guru Index ETF in the second quarter worth about $181,000. Finally, IFP Advisors Inc acquired a new position in shares of Global X Guru Index ETF in the second quarter worth about $740,000.

Global X Guru Index ETF Price Performance

NYSEARCA GURU opened at $59.98 on Friday. The company has a market capitalization of $55.78 million, a PE ratio of 21.69 and a beta of 1.07. The company has a fifty day moving average of $57.59 and a 200 day moving average of $52.95. Global X Guru Index ETF has a 1 year low of $41.57 and a 1 year high of $60.26.

Global X Guru Index ETF Company Profile

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.