Short Interest in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Declines By 68.6%

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) saw a significant decrease in short interest in August. As of August 31st, there was short interest totalling 27,700 shares, a decrease of 68.6% from the August 15th total of 88,200 shares. Based on an average daily volume of 201,500 shares, the short-interest ratio is currently 0.1 days.

Several hedge funds have recently modified their holdings of the company. Sigma Planning Corp bought a new position in Global X Telemedicine & Digital Health ETF in the first quarter valued at $282,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Global X Telemedicine & Digital Health ETF during the 1st quarter worth about $440,000. Clal Insurance Enterprises Holdings Ltd raised its stake in Global X Telemedicine & Digital Health ETF by 253.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 5,400,000 shares of the company’s stock worth $103,248,000 after purchasing an additional 3,872,070 shares in the last quarter. Ashford Capital Management Inc. increased its holdings in Global X Telemedicine & Digital Health ETF by 62.7% in the 1st quarter. Ashford Capital Management Inc. now owns 133,458 shares of the company’s stock valued at $2,552,000 after buying an additional 51,412 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in Global X Telemedicine & Digital Health ETF in the 1st quarter valued at about $272,000.

Shares of EDOC stock opened at $18.48 on Wednesday. The firm’s 50 day moving average is $18.39 and its 200-day moving average is $18.80. Global X Telemedicine & Digital Health ETF has a 1 year low of $15.75 and a 1 year high of $23.04.

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