Global X Disruptive Materials ETF (NASDAQ:DMAT – Get Free Report) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 500 shares, a decrease of 77.3% from the November 15th total of 2,200 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is presently 0.2 days.
Global X Disruptive Materials ETF Price Performance
Shares of DMAT stock remained flat at $15.73 during trading on Wednesday. 727 shares of the company traded hands, compared to its average volume of 2,889. The business’s fifty day moving average is $16.18 and its 200-day moving average is $15.08. Global X Disruptive Materials ETF has a twelve month low of $12.28 and a twelve month high of $17.82. The company has a market capitalization of $5.82 million, a price-to-earnings ratio of -2,293.34 and a beta of 1.05.
Institutional Investors Weigh In On Global X Disruptive Materials ETF
A hedge fund recently raised its stake in Global X Disruptive Materials ETF stock. Jane Street Group LLC boosted its position in shares of Global X Disruptive Materials ETF (NASDAQ:DMAT – Free Report) by 136.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,044 shares of the company’s stock after purchasing an additional 16,746 shares during the period. Jane Street Group LLC owned 7.85% of Global X Disruptive Materials ETF worth $463,000 at the end of the most recent reporting period. 5.34% of the stock is owned by hedge funds and other institutional investors.
About Global X Disruptive Materials ETF
The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.
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