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Technology

Short interest in Global X Cloud Computing ETF (NASDAQ:CLOU) has


During December, there was a significant decrease in the number of wagers placed against the Global X Cloud Computing ETF (NASDAQ: CLOU). When compared to the total of 724,200 shares that were available for a short sale as of the 30th of November, there was a decrease of 25.9% in the number of shares that were available for a short sale as of the 15th of December, which brought the total number of shares available for short sale down to 536,300. The current short-interest ratio is 1.5 days, calculated based on an average trading volume of 364,100 shares. As of right now, this ratio has been determined to be accurate.

When trading started on Friday, a CLOU stock was going for $16.03 per share. Over the past 52 weeks, the price of the Global X Cloud Computing ETF has moved in a range that extends from a low of $14.34 to a high of $26.89. Over the previous 50 and 200 trading days, the stock price has moved back and forth between $16.12 and $16.71 on average.
In the most recent period, it was observed that the total value of CLOU held by institutional investors experienced increases and decreases. The investment portfolio of Millennium Management LLC saw a 476.2% increase in the value of its holdings in the Global X Cloud Computing ETF over the second quarter. The corporation now has a total of 506,542 shares, which can be valued at $8,353,000 thanks to purchasing an additional 418,635 shares during the most recent quarter. In the first three months of 2016, Bank of America Corp. (DE) saw a 65.2% increase in the proportion of its holdings allocated to the Global X Cloud Computing ETF. Bank of America Corp. is currently the owner of 955,046 shares of the stock held by the company. These shares have a collective value of $21,010,000.00. This increase in ownership is a direct result of purchasing an additional 376,774 shares during the most recent quarter of the company’s fiscal year. Ulrich Consultants & Investment Group LLC invested $5,325,000 in the Global X Cloud Computing Exchange Traded Fund during the second quarter. This investment came from the Global X Cloud Computing Exchange Traded Fund. The value of Jane Street Group LLC’s holdings in the Global X Cloud Computing ETF increased during the second quarter by an amount that was 6,767.6% higher than it had been in the previous quarter. Jane Street Group LLC now has a total of 272,577 shares, which are worth a combined total of $4,495,000 after purchasing an additional 268,608 shares during the most recent quarter. During the second quarter, First Republic Investment Management Inc. increased its Global X Cloud Computing ETF holdings by investing approximately $3,053,000 of its total assets in this fund. This move brought the company’s total investment in this fund to approximately $3,053,000.



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