Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Short Interest Update

Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,451 shares, a growth of 259.2% from the June 15th total of 404 shares. Based on an average trading volume of 6,504 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in Global X Adaptive U.S. Risk Management ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 5,743 shares of the company’s stock worth $197,000 after buying an additional 298 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Global X Adaptive U.S. Risk Management ETF by 1.2% during the first quarter. Cetera Investment Advisers now owns 297,246 shares of the company’s stock valued at $10,774,000 after acquiring an additional 3,507 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Global X Adaptive U.S. Risk Management ETF by 0.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,666,611 shares of the company’s stock worth $101,865,000 after acquiring an additional 10,137 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Global X Adaptive U.S. Risk Management ETF during the third quarter worth about $472,000. Finally, LPL Financial LLC increased its holdings in shares of Global X Adaptive U.S. Risk Management ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 594,085 shares of the company’s stock worth $22,355,000 after acquiring an additional 46,687 shares during the period.

Global X Adaptive U.S. Risk Management ETF Price Performance

Shares of ONOF stock opened at $40.25 on Monday. The company has a market cap of $140.07 million, a P/E ratio of 26.12 and a beta of 0.78. The business has a 50 day moving average of $39.73 and a two-hundred day moving average of $38.26. Global X Adaptive U.S. Risk Management ETF has a 52 week low of $34.46 and a 52 week high of $40.71.

Global X Adaptive U.S. Risk Management ETF Company Profile

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.