Short Interest in Global X Wind Energy ETF (NASDAQ:WNDY) Decreases By 97.1%

Global X Wind Energy ETF (NASDAQ:WNDY) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 600 shares, a drop of 97.1% from the March 15th total of 21,000 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Global X Wind Energy ETF stock. Jane Street Group LLC purchased a new position in Global X Wind Energy ETF (NASDAQ:WNDY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 22,455 shares of the company’s stock, valued at approximately $237,000. Jane Street Group LLC owned approximately 12.48% of Global X Wind Energy ETF at the end of the most recent reporting period.

Global X Wind Energy ETF Stock Performance

NASDAQ:WNDY opened at $10.77 on Wednesday. The firm has a market capitalization of $1.40 million, a price-to-earnings ratio of 21.65 and a beta of 0.76. The stock has a fifty day moving average of $10.71 and a 200 day moving average of $11.18. Global X Wind Energy ETF has a 52-week low of $9.66 and a 52-week high of $14.04.

About Global X Wind Energy ETF

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.