Global X Aging Population ETF (NASDAQ:AGNG) Short Interest Update

Global X Aging Population ETF (NASDAQ:AGNG) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 37,505 shares, a growth of 165.0% from the May 31st total of 14,152 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 13,891 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Investors Weigh In On Global X Aging Population ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AGNG. Independent Financial Group LLC bought a new position in shares of Global X Aging Population ETF during the first quarter valued at approximately $1,598,000. Cetera Investment Advisers grew its stake in shares of Global X Aging Population ETF by 110.5% in the 1st quarter. Cetera Investment Advisers now owns 71,600 shares of the company’s stock worth $2,549,000 after buying an additional 37,581 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Global X Aging Population ETF in the 4th quarter worth approximately $1,212,000. Paller Financial Services Inc bought a new position in Global X Aging Population ETF during the 4th quarter valued at approximately $1,006,000. Finally, Bank of America Corp DE increased its position in Global X Aging Population ETF by 118.8% during the 3rd quarter. Bank of America Corp DE now owns 51,377 shares of the company’s stock valued at $1,719,000 after buying an additional 27,898 shares in the last quarter.

Global X Aging Population ETF Price Performance

NASDAQ:AGNG opened at $36.24 on Monday. The firm’s 50-day moving average price is $35.18 and its 200-day moving average price is $36.09. The company has a market capitalization of $84.44 million, a PE ratio of 24.67 and a beta of 0.62. Global X Aging Population ETF has a 1-year low of $31.59 and a 1-year high of $39.48.

Global X Aging Population ETF Company Profile

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.