Global X Cloud Computing ETF (NASDAQ:CLOU – Get Rating) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 536,300 shares, a decline of 25.9% from the November 30th total of 724,200 shares. Based on an average trading volume of 364,100 shares, the short-interest ratio is currently 1.5 days.

Institutional Investors Weigh In On Global X Cloud Computing ETF

A number of institutional investors have recently added to or reduced their stakes in CLOU. Millennium Management LLC boosted its holdings in Global X Cloud Computing ETF by 476.2% in the 2nd quarter. Millennium Management LLC now owns 506,542 shares of the company’s stock valued at $8,353,000 after purchasing an additional 418,635 shares in the last quarter. Bank of America Corp DE boosted its holdings in Global X Cloud Computing ETF by 65.2% in the 1st quarter. Bank of America Corp DE now owns 955,046 shares of the company’s stock valued at $21,001,000 after purchasing an additional 376,774 shares in the last quarter. Ulrich Consultants & Investment Group LLC purchased a new stake in Global X Cloud Computing ETF in the 2nd quarter valued at approximately $5,325,000. Jane Street Group LLC boosted its holdings in Global X Cloud Computing ETF by 6,767.6% in the 2nd quarter. Jane Street Group LLC now owns 272,577 shares of the company’s stock valued at $4,495,000 after purchasing an additional 268,608 shares in the last quarter. Finally, First Republic Investment Management Inc. purchased a new stake in Global X Cloud Computing ETF in the 2nd quarter valued at approximately $3,053,000.

Global X Cloud Computing ETF Stock Performance

Shares of CLOU stock opened at $16.03 on Friday. Global X Cloud Computing ETF has a 52-week low of $14.34 and a 52-week high of $26.89. The stock’s 50-day moving average price is $16.12 and its 200 day moving average price is $16.71.

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