Short Interest in Global X Wind Energy ETF (NASDAQ:WNDY) Declines By 50.0%

Global X Wind Energy ETF (NASDAQ:WNDY) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 50.0% from the February 29th total of 200 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Global X Wind Energy ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. UBS Group AG grew its holdings in shares of Global X Wind Energy ETF by 337.6% in the 1st quarter. UBS Group AG now owns 2,910 shares of the company’s stock valued at $51,000 after buying an additional 2,245 shares during the period. CreativeOne Wealth LLC acquired a new position in Global X Wind Energy ETF in the 3rd quarter worth $178,000. Jane Street Group LLC acquired a new position in Global X Wind Energy ETF in the 1st quarter worth $372,000. Finally, Flow Traders U.S. LLC acquired a new position in Global X Wind Energy ETF in the 1st quarter worth $631,000.

Global X Wind Energy ETF Stock Up 0.1 %

Shares of WNDY stock opened at $12.10 on Friday. Global X Wind Energy ETF has a 12-month low of $11.52 and a 12-month high of $17.46. The firm has a market capitalization of $2.54 million, a price-to-earnings ratio of 16.88 and a beta of 0.76. The firm has a fifty day moving average of $12.26 and a 200-day moving average of $12.57.

Global X Wind Energy ETF Company Profile

The Global X Wind Energy ETF (WNDY) is an exchange-traded fund that is based on the Solactive Wind Energy index, a modified market-cap-weighted index of global wind energy companies screened for UN Global Compact principles compliance. WNDY was launched on Sep 8, 2021 and is managed by Global X.