Short Interest in Global X Future Analytics Tech ETF (NASDAQ:AIQ) Grows By 38.5%

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 130,300 shares, an increase of 38.5% from the August 15th total of 94,100 shares. Based on an average trading volume of 487,700 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

A number of institutional investors have recently modified their holdings of AIQ. FinTrust Capital Advisors LLC bought a new position in shares of Global X Future Analytics Tech ETF in the fourth quarter valued at approximately $32,000. Macroview Investment Management LLC raised its position 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 valued at $40,000 after purchasing an additional 354 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position in shares of Global X Future Analytics Tech ETF by 122.3% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,174 shares of the technology ETF’s stock valued at $40,000 after purchasing an additional 646 shares during the period. Ulland Investment Advisors LLC bought a new position in Global X Future Analytics Tech ETF during the first quarter worth $49,000. Finally, Concourse Financial Group Securities Inc. raised its stake in Global X Future Analytics Tech ETF by 89.8% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 2,800 shares of the technology ETF’s stock valued at $95,000 after purchasing an additional 1,325 shares during the last quarter. Institutional investors own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Stock Performance

Shares of AIQ opened at $35.09 on Friday. Global X Future Analytics Tech ETF has a twelve month low of $25.39 and a twelve month high of $37.18. The firm has a market cap of $2.14 billion, a PE ratio of -206.41 and a beta of 1.13. The firm’s 50 day moving average price is $34.78 and its 200 day moving average price is $34.28.

Global X Future Analytics Tech ETF Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, July 5th. Stockholders of record on Thursday, June 27th were given a $0.0425 dividend. The ex-dividend date of this dividend was Thursday, June 27th. Global X Future Analytics Tech ETF’s dividend payout ratio is -35.29%.

Global X Future Analytics Tech ETF Company Profile

Global X Artificial Intelligence & Technology ETF