Global X Future Analytics Tech ETF (NASDAQ:AIQ) Short Interest Up 73.9% in December

Global X Future Analytics Tech ETF (NASDAQ:AIQ) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 874,100 shares, a growth of 73.9% from the December 15th total of 502,700 shares. Based on an average daily trading volume, of 411,200 shares, the short-interest ratio is presently 2.1 days.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of Montreal Can purchased a new position in Global X Future Analytics Tech ETF in the third quarter valued at approximately $52,274,000. Envestnet Asset Management Inc. increased its position in shares of Global X Future Analytics Tech ETF by 118.2% in the second quarter. Envestnet Asset Management Inc. now owns 579,410 shares of the technology ETF’s stock worth $20,644,000 after acquiring an additional 313,914 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Global X Future Analytics Tech ETF by 25.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 981,965 shares of the technology ETF’s stock valued at $36,500,000 after acquiring an additional 197,191 shares during the period. Silverleafe Capital Partners LLC lifted its holdings in shares of Global X Future Analytics Tech ETF by 130.4% during the 4th quarter. Silverleafe Capital Partners LLC now owns 216,797 shares of the technology ETF’s stock valued at $8,377,000 after acquiring an additional 122,686 shares in the last quarter. Finally, AAFMAA Wealth Management & Trust LLC boosted its position in Global X Future Analytics Tech ETF by 180.7% during the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 171,368 shares of the technology ETF’s stock worth $6,370,000 after purchasing an additional 110,317 shares during the period. 27.02% of the stock is owned by institutional investors and hedge funds.

Global X Future Analytics Tech ETF Stock Up 0.3 %

AIQ stock opened at $38.10 on Wednesday. Global X Future Analytics Tech ETF has a 52 week low of $30.01 and a 52 week high of $40.65. The company has a market cap of $2.63 billion, a price-to-earnings ratio of -224.12 and a beta of 1.13. The business has a fifty day simple moving average of $39.08 and a 200-day simple moving average of $36.94.

Global X Future Analytics Tech ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.0109 per share. The ex-dividend date was Monday, December 30th. Global X Future Analytics Tech ETF’s dividend payout ratio is presently -29.41%.

Global X Future Analytics Tech ETF Company Profile

Global X Artificial Intelligence & Technology ETF