Global X Disruptive Materials ETF (NASDAQ:DMAT) Short Interest Update

Global X Disruptive Materials ETF (NASDAQ:DMAT) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 12,285 shares, a growth of 21.7% from the January 15th total of 10,095 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 61,857 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 61,857 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Investors Weigh In On Global X Disruptive Materials ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its position in Global X Disruptive Materials ETF by 113.1% during the first quarter. Jane Street Group LLC now owns 22,524 shares of the company’s stock worth $325,000 after purchasing an additional 11,952 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Global X Disruptive Materials ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,663 shares of the company’s stock worth $192,000 after buying an additional 957 shares during the period. Cetera Investment Advisers grew its stake in Global X Disruptive Materials ETF by 11.1% in the 2nd quarter. Cetera Investment Advisers now owns 12,005 shares of the company’s stock valued at $198,000 after buying an additional 1,199 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in Global X Disruptive Materials ETF in the 2nd quarter valued at $326,000. Finally, Truist Financial Corp bought a new position in Global X Disruptive Materials ETF in the 3rd quarter worth $311,000. 5.34% of the stock is currently owned by institutional investors and hedge funds.

Global X Disruptive Materials ETF Trading Up 2.6%

DMAT stock opened at $33.02 on Thursday. The firm has a market cap of $44.25 million, a PE ratio of -4,814.11 and a beta of 0.94. Global X Disruptive Materials ETF has a 1 year low of $12.05 and a 1 year high of $36.39. The company has a fifty day simple moving average of $30.62 and a 200 day simple moving average of $25.62.

Global X Disruptive Materials ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.0495 per share. This represents a dividend yield of 35.0%. The ex-dividend date was Tuesday, December 30th. Global X Disruptive Materials ETF’s dividend payout ratio is -2,624.29%.

About Global X Disruptive Materials ETF

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.