KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Short Interest Up 30.1% in December

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 34,955 shares, a growth of 30.1% from the December 15th total of 26,876 shares. Based on an average daily trading volume, of 20,806 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the company’s stock are sold short. Currently, 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 20,806 shares, the short-interest ratio is presently 1.7 days.

KraneShares Artificial Intelligence and Technology ETF Stock Down 0.1%

NASDAQ AGIX opened at $36.37 on Monday. KraneShares Artificial Intelligence and Technology ETF has a 52 week low of $20.82 and a 52 week high of $40.01. The company has a 50 day moving average price of $36.42 and a 200 day moving average price of $35.41. The firm has a market cap of $149.12 million, a PE ratio of 36.18 and a beta of 1.77.

KraneShares Artificial Intelligence and Technology ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were issued a dividend of $0.4377 per share. This represents a dividend yield of 119.0%. The ex-dividend date was Monday, December 22nd.

Hedge Funds Weigh In On KraneShares Artificial Intelligence and Technology ETF

Hedge funds have recently modified their holdings of the stock. ORG Partners LLC acquired a new stake in KraneShares Artificial Intelligence and Technology ETF in the 4th quarter worth approximately $36,000. Noble Wealth Management PBC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the fourth quarter worth $37,000. Advisory Services Network LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the third quarter worth $206,000. Private Advisor Group LLC acquired a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the third quarter worth $253,000. Finally, Mainstay Capital Management LLC ADV purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the third quarter valued at $503,000.

KraneShares Artificial Intelligence and Technology ETF Company Profile

The KraneShares Artificial Intelligence & Technology ETF (AGIX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses an index as a guide to select stocks globally that are involved in developing and applying artificial intelligence technologies. The fund has the ability to invest in both listed and private AI companies AGIX was launched on Jul 18, 2024 and is issued by KraneShares.