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

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOCGet Free Report) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 9,900 shares, a drop of 77.7% from the January 15th total of 44,300 shares. Based on an average trading volume of 40,200 shares, the short-interest ratio is currently 0.2 days.

Global X Telemedicine & Digital Health ETF Price Performance

EDOC traded up $0.22 during trading on Monday, hitting $9.82. The company’s stock had a trading volume of 17,265 shares, compared to its average volume of 31,175. The firm’s 50 day moving average price is $9.64 and its 200-day moving average price is $9.52. The stock has a market cap of $67.46 million, a PE ratio of -14.62 and a beta of 0.88. Global X Telemedicine & Digital Health ETF has a twelve month low of $8.02 and a twelve month high of $12.42.

Institutional Trading of 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. acquired a new position in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOCFree Report) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,720 shares of the company’s stock, valued at approximately $25,000.

Global X Telemedicine & Digital Health ETF Company Profile

(Get Free Report)

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.

Further Reading

Receive News & Ratings for Global X Telemedicine & Digital Health ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Telemedicine & Digital Health ETF and related companies with MarketBeat.com's FREE daily email newsletter.