Global X Aging Population ETF (NASDAQ:AGNG) Sees Significant Drop in Short Interest

Global X Aging Population ETF (NASDAQ:AGNG) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,100 shares, a decrease of 15.4% from the October 15th total of 1,300 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Global X Aging Population ETF

Several hedge funds have recently added to or reduced their stakes in AGNG. REDW Wealth LLC grew its stake in shares of Global X Aging Population ETF by 44.7% in the third quarter. REDW Wealth LLC now owns 36,814 shares of the company’s stock worth $1,209,000 after purchasing an additional 11,380 shares in the last quarter. Arkadios Wealth Advisors bought a new position in Global X Aging Population ETF in the 3rd quarter valued at about $403,000. Black Swift Group LLC increased its stake in Global X Aging Population ETF by 10.2% during the 3rd quarter. Black Swift Group LLC now owns 10,665 shares of the company’s stock valued at $350,000 after buying an additional 990 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of Global X Aging Population ETF during the 3rd quarter worth about $312,000.

Global X Aging Population ETF Trading Down 0.9 %

AGNG opened at $30.82 on Monday. The business’s 50 day moving average is $32.48 and its 200-day moving average is $31.36. The stock has a market cap of $59.79 million, a PE ratio of 30.96 and a beta of 0.76. Global X Aging Population ETF has a twelve month low of $25.97 and a twelve month high of $33.64.

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.