Global X Dax Germany ETF (NASDAQ:DAX) Short Interest Update

Global X Dax Germany ETF (NASDAQ:DAX) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 60,100 shares, a growth of 33.6% from the January 31st total of 45,000 shares. Based on an average daily volume of 29,500 shares, the days-to-cover ratio is currently 2.0 days.

Hedge Funds Weigh In On Global X Dax Germany ETF

A number of institutional investors have recently modified their holdings of the company. Jane Street Group LLC raised its holdings in Global X Dax Germany ETF by 18.0% during the fourth quarter. Jane Street Group LLC now owns 20,211 shares of the exchange traded fund’s stock worth $673,000 after buying an additional 3,082 shares during the last quarter. LPL Financial LLC increased its position in shares of Global X Dax Germany ETF by 17.9% during the fourth quarter. LPL Financial LLC now owns 84,014 shares of the exchange traded fund’s stock worth $2,799,000 after acquiring an additional 12,774 shares in the last quarter. Cape Investment Advisory Inc. raised its holdings in shares of Global X Dax Germany ETF by 32.9% in the 4th quarter. Cape Investment Advisory Inc. now owns 1,267 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 314 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of Global X Dax Germany ETF in the 4th quarter worth about $597,000. Finally, Osborne Partners Capital Management LLC lifted its position in Global X Dax Germany ETF by 1.1% in the 4th quarter. Osborne Partners Capital Management LLC now owns 663,344 shares of the exchange traded fund’s stock valued at $22,102,000 after acquiring an additional 6,911 shares in the last quarter.

Global X Dax Germany ETF Price Performance

Shares of DAX opened at $40.72 on Thursday. Global X Dax Germany ETF has a one year low of $30.52 and a one year high of $40.77. The company has a market cap of $81.85 million, a PE ratio of 18.81 and a beta of 1.01. The stock has a 50-day moving average of $36.14 and a 200-day moving average of $34.66.

Global X Dax Germany ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a dividend of $0.0906 per share. The ex-dividend date of this dividend was Monday, December 30th.

Global X Dax Germany ETF Company Profile

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.