Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Sees Large Growth in Short Interest

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 3,542,390 shares, a growth of 493.6% from the July 15th total of 596,715 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 2,223,021 shares, the short-interest ratio is presently 1.6 days.

Global X Artificial Intelligence & Technology ETF Stock Down 0.5%

Shares of NASDAQ AIQ opened at $63.20 on Wednesday. The stock has a market cap of $10.98 billion, a P/E ratio of -371.76 and a beta of 1.35. The firm’s 50-day simple moving average is $62.55 and its 200 day simple moving average is $56.52. Global X Artificial Intelligence & Technology ETF has a fifty-two week low of $43.45 and a fifty-two week high of $70.26.

Global X Artificial Intelligence & Technology ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a dividend of $0.0005 per share. The ex-dividend date of this dividend was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio (DPR) is presently -23.53%.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Institutional investors have recently made changes to their positions in the stock. Gen Wealth Partners Inc boosted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 86.1% in the fourth quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock valued at $26,000 after acquiring an additional 241 shares in the last quarter. WFA of San Diego LLC acquired a new stake in Global X Artificial Intelligence & Technology ETF in the second quarter worth approximately $26,000. Manning & Napier Advisors LLC acquired a new stake in Global X Artificial Intelligence & Technology ETF in the fourth quarter worth approximately $31,000. Vestor Capital LLC acquired a new stake in Global X Artificial Intelligence & Technology ETF in the fourth quarter worth approximately $60,000. Finally, North Star Investment Management Corp. boosted its stake in Global X Artificial Intelligence & Technology ETF by 19.3% during the 1st quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock valued at $64,000 after purchasing an additional 221 shares in the last quarter. 27.02% of the stock is owned by institutional investors and hedge funds.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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