Global X Clean Water ETF (NASDAQ:AQWA) Sees Large Drop in Short Interest

Global X Clean Water ETF (NASDAQ:AQWA) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 700 shares, a decline of 41.7% from the October 15th total of 1,200 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 0.4 days.

Global X Clean Water ETF Trading Down 0.1 %

Shares of Global X Clean Water ETF stock traded down $0.01 during mid-day trading on Friday, hitting $17.89. 2,690 shares of the stock were exchanged, compared to its average volume of 2,919. The stock has a market capitalization of $10.38 million, a price-to-earnings ratio of 28.10 and a beta of 1.00. Global X Clean Water ETF has a twelve month low of $15.18 and a twelve month high of $18.86. The company has a 50-day simple moving average of $18.06 and a 200 day simple moving average of $17.75.

Hedge Funds Weigh In On Global X Clean Water ETF

A hedge fund recently bought a new stake in Global X Clean Water ETF stock. Jane Street Group LLC purchased a new position in shares of Global X Clean Water ETF (NASDAQ:AQWA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,490 shares of the company’s stock, valued at approximately $324,000. Jane Street Group LLC owned 3.02% of Global X Clean Water ETF as of its most recent SEC filing.

About Global X Clean Water ETF

The Global X Clean Water ETF (AQWA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water. AQWA was launched on Apr 8, 2021 and is managed by Global X.