Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Sees Large Growth in Short Interest

2 March, 2023 binomo 0 Comments 1 category

The Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC – Get Rating) was the target of a large growth in short interest in February. As of February 15th, there was short interest totaling 178,100 shares, a growth of 1,736.1% from the January 31st totaling 9,700 shares. Based on an average trading volume of 29,400 shares, the days-to-cover ratio is currently 6.1 days.

Global X Telemedicine & Digital Health ETF Price Performance

Shares of NASDAQ:EDOC opened at $11.72 on Thursday. The Global X Telemedicine & Digital Health ETF has a 12 month low of $10.61 and a 12 month high of $15.09. The business’s 50-day simple moving average is $12.10 and its 200-day simple moving average is $11.99.

Institutional Investors Weigh In On Global X Telemedicine & Digital Health ETF

A hedge fund recently bought a new stake in Global X Telemedicine & Digital Health ETF stock. JPMorgan Chase & Co. bought a new stake in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC – Get Rating) during the first quarter, according to the company’s most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,720 shares of the company’s stock, valued at approximately $25,000.

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