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

Global X Clean Water ETF (NASDAQ:AQWA) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 11,500 shares, a growth of 379.2% from the May 15th total of 2,400 shares. Currently, 2.0% of the shares of the stock are sold short. Based on an average trading volume of 2,500 shares, the short-interest ratio is presently 4.6 days.

Global X Clean Water ETF Stock Performance

NASDAQ:AQWA opened at $18.76 on Thursday. The company has a market capitalization of $10.88 million, a price-to-earnings ratio of 20.59 and a beta of 1.00. Global X Clean Water ETF has a 52 week low of $15.53 and a 52 week high of $18.93. The company has a 50-day moving average of $17.77 and a 200-day moving average of $17.45.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global X Clean Water ETF stock. Addison Advisors LLC increased its stake in shares of Global X Clean Water ETF (NASDAQ:AQWA) by 36.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,260 shares of the company’s stock after buying an additional 1,680 shares during the quarter. Addison Advisors LLC owned 1.08% of Global X Clean Water ETF worth $105,000 at the end of the most recent reporting period.

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.