Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sees Significant Growth in Short Interest

Posted by Latisha Jones on Oct 14th, 2024

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 184,200 shares, a growth of 81.5% from the September 15th total of 101,500 shares. Based on an average trading volume of 395,100 shares, the short-interest ratio is presently 0.5 days.

Global X Future Analytics Tech ETF Trading Up 0.5 %

NASDAQ:AIQ opened at $37.97 on Monday. Global X Future Analytics Tech ETF has a 1-year low of $25.39 and a 1-year high of $38.03. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of -223.35 and a beta of 1.13. The business’s 50-day moving average price is $35.31 and its two-hundred day moving average price is $34.72.

Institutional Trading of Global X Future Analytics Tech ETF

A number of hedge funds have recently modified their holdings of AIQ. Macroview Investment Management LLC increased its holdings in shares of Global X Future Analytics Tech ETF by 42.9% in the first quarter. Macroview Investment Management LLC now owns 1,179 shares of the technology ETF’s stock worth $40,000 after acquiring an additional 354 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in Global X Future Analytics Tech ETF by 122.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,174 shares of the technology ETF’s stock worth $40,000 after buying an additional 646 shares during the period. Grove Bank & Trust bought a new position in Global X Future Analytics Tech ETF in the third quarter valued at approximately $54,000. Concourse Financial Group Securities Inc. boosted its holdings in shares of Global X Future Analytics Tech ETF by 89.8% in the first quarter. Concourse Financial Group Securities Inc. now owns 2,800 shares of the technology ETF’s stock valued at $95,000 after buying an additional 1,325 shares during the period. Finally, First Community Trust NA increased its position in shares of Global X Future Analytics Tech ETF by 96.2% during the third quarter. First Community Trust NA now owns 2,600 shares of the technology ETF’s stock worth $97,000 after acquiring an additional 1,275 shares in the last quarter. 27.02% of the stock is currently owned by institutional investors and hedge funds.