Short Interest in Global X Aging Population ETF (NASDAQ:AGNG) Rises By 169.6%

Global X Aging Population ETF (NASDAQ:AGNG) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 49,600 shares, an increase of 169.6% from the September 30th total of 18,400 shares. Approximately 2.5% of the shares of the company are sold short. Based on an average daily volume of 11,200 shares, the short-interest ratio is presently 4.4 days. Based on an average daily volume of 11,200 shares, the short-interest ratio is presently 4.4 days. Approximately 2.5% of the shares of the company are sold short.

Institutional Investors Weigh In On Global X Aging Population ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. HBW Advisory Services LLC purchased a new stake in shares of Global X Aging Population ETF during the 3rd quarter valued at about $32,000. Farther Finance Advisors LLC purchased a new stake in shares of Global X Aging Population ETF during the 3rd quarter valued at about $33,000. PNC Financial Services Group Inc. increased its position in shares of Global X Aging Population ETF by 52.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,900 shares of the company’s stock valued at $93,000 after purchasing an additional 1,000 shares during the last quarter. Sei Investments Co. purchased a new stake in shares of Global X Aging Population ETF during the 1st quarter valued at about $209,000. Finally, Insight Advisors LLC PA increased its position in shares of Global X Aging Population ETF by 8.0% during the 2nd quarter. Insight Advisors LLC PA now owns 10,012 shares of the company’s stock valued at $319,000 after purchasing an additional 745 shares during the last quarter.

Global X Aging Population ETF Stock Up 0.6%

Shares of Global X Aging Population ETF stock opened at $33.90 on Friday. The company has a market cap of $69.16 million, a price-to-earnings ratio of 24.67 and a beta of 0.70. The company’s 50 day moving average is $33.71 and its 200 day moving average is $32.35. Global X Aging Population ETF has a twelve month low of $27.43 and a twelve month high of $34.97.

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.