Short Interest in Global X DAX Germany ETF (NASDAQ:DAX) Expands By 39.4%

Global X DAX Germany ETF (NASDAQ:DAX) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 19,800 shares, an increase of 39.4% from the September 15th total of 14,200 shares. Based on an average trading volume of 22,600 shares, the short-interest ratio is presently 0.9 days.

Shares of Global X DAX Germany ETF stock traded up $0.50 during trading on Friday, hitting $28.53. 2,832 shares of the stock traded hands, compared to its average volume of 16,645. The firm’s fifty day moving average is $28.65 and its 200-day moving average is $25.94. Global X DAX Germany ETF has a 52 week low of $17.00 and a 52 week high of $29.72.

A hedge fund recently bought a new stake in Global X DAX Germany ETF stock. US Bancorp DE acquired a new stake in shares of Global X DAX Germany ETF (NASDAQ:DAX) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,952 shares of the exchange traded fund’s stock, valued at approximately $51,000. US Bancorp DE owned about 0.22% of Global X DAX Germany ETF at the end of the most recent quarter.

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