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Short Interest in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Grows By 1,736.1%

kopsource ·  Mar 2, 2023 02:22

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

Hedge Funds Weigh In On Global X Telemedicine & Digital Health ETF

An institutional investor recently bought a new position in Global X Telemedicine & Digital Health ETF stock. JPMorgan Chase & Co. purchased a new stake in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC – Get Rating) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,720 shares of the company's stock, valued at approximately $25,000.

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Global X Telemedicine & Digital Health ETF Price Performance

NASDAQ:EDOC traded up $0.07 on Wednesday, reaching $11.73. The stock had a trading volume of 4,027 shares, compared to its average volume of 22,948. Global X Telemedicine & Digital Health ETF has a 1-year low of $10.61 and a 1-year high of $15.09. The stock has a fifty day moving average price of $12.11 and a 200-day moving average price of $11.99.

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