Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Sees Large Drop in Short Interest

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 5,700 shares, a decrease of 98.2% from the October 15th total of 314,500 shares. Based on an average trading volume of 25,000 shares, the short-interest ratio is presently 0.2 days.

Global X Telemedicine & Digital Health ETF Stock Performance

Shares of Global X Telemedicine & Digital Health ETF stock opened at $10.10 on Wednesday. The firm has a market capitalization of $43.53 million, a price-to-earnings ratio of 23.44 and a beta of 0.88. Global X Telemedicine & Digital Health ETF has a fifty-two week low of $8.14 and a fifty-two week high of $10.31. The stock has a 50 day moving average of $9.65 and a 200 day moving average of $9.29.

Global X Telemedicine & Digital Health ETF Company Profile

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.