Global X Alternative Income ETF (NASDAQ:ALTY – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,300 shares, an increase of 514.3% from the February 29th total of 700 shares. Based on an average daily volume of 11,700 shares, the short-interest ratio is currently 0.4 days.
Institutional Trading of Global X Alternative Income ETF
A number of institutional investors have recently bought and sold shares of ALTY. Mercer Global Advisors Inc. ADV acquired a new stake in Global X Alternative Income ETF during the second quarter valued at $2,047,000. Cetera Investment Advisers acquired a new stake in shares of Global X Alternative Income ETF in the first quarter worth about $1,796,000. Imprint Wealth LLC acquired a new stake in shares of Global X Alternative Income ETF in the second quarter worth about $6,664,000. Jane Street Group LLC acquired a new stake in shares of Global X Alternative Income ETF in the first quarter worth about $397,000. Finally, LPL Financial LLC lifted its position in shares of Global X Alternative Income ETF by 38.8% in the first quarter. LPL Financial LLC now owns 69,170 shares of the company’s stock worth $784,000 after buying an additional 19,328 shares during the last quarter.
Global X Alternative Income ETF Trading Up 0.8 %
ALTY opened at $11.54 on Thursday. The stock has a market cap of $35.07 million, a price-to-earnings ratio of 12.44 and a beta of 0.99. Global X Alternative Income ETF has a 1 year low of $10.31 and a 1 year high of $11.57. The stock has a fifty day moving average price of $11.33 and a 200 day moving average price of $11.08.
Global X Alternative Income ETF Cuts Dividend
Global X Alternative Income ETF Company Profile
The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.
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