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Global X E-Commerce ETF (NASDAQ: EBIZ - Get Free Report)'s stock price was down 2.6% on Tuesday. The stock traded as low as $28.70 and last traded at $28.70. Approximately 6,563 shares traded hands during trading, an increase of 9% from the average daily volume of 6,031 shares. The stock had previously closed at $29.48.
American consumers are rerouting their spending rather than pulling back. With University of Michigan sentiment at 48.2, the savings rate down to 3.6% from 5.1% in early 2025, and energy prices up 14.4% year-over-year, households are making rational adjustments: buying private label at Costco, hunting TJX racks for branded apparel, fixing the old Hyundai instead of financing a new one, and listing the kids' outgrown clothes on eBay.
Global X E-Commerce ETF (NASDAQ: EBIZ - Get Free Report) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 13,112 shares, an increase of 29.5% from the January 29th total of 10,123 shares. Based on an average daily volume of 12,725 shares, the days-to-cover
China-based JD.com operates a supply chain-driven e-commerce platform, serving both retail consumers and enterprise clients.
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With U.S. holiday sales set to surpass $1 trillion, ETFs like RTH, EBIZ, and VDC could shine as retail spending surges.