Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Sees Large Growth in Short Interest

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 13,544 shares, a growth of 306.2% from the August 31st total of 3,334 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 19,451 shares, the short-interest ratio is currently 0.7 days.

Xtrackers Artificial Intelligence and Big Data ETF Stock Up 0.1%

Shares of NASDAQ XAIX opened at $59.49 on Friday. The company’s 50-day simple moving average is $55.82 and its 200-day simple moving average is $52.12. Xtrackers Artificial Intelligence and Big Data ETF has a 52-week low of $38.33 and a 52-week high of $61.10. The firm has a market cap of $178.47 million, a price-to-earnings ratio of 24.06 and a beta of 1.77.

Xtrackers Artificial Intelligence and Big Data ETF Company Profile

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.