Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sees Significant Decrease in Short Interest

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 294,900 shares, a drop of 66.3% from the December 31st total of 874,100 shares. Based on an average trading volume of 485,500 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Global X Future Analytics Tech ETF

Several institutional investors have recently modified their holdings of the company. RPg Family Wealth Advisory LLC bought a new stake in Global X Future Analytics Tech ETF in the third quarter worth about $33,000. Avior Wealth Management LLC raised its holdings in shares of Global X Future Analytics Tech ETF by 950.0% in the 3rd quarter. Avior Wealth Management LLC now owns 1,323 shares of the technology ETF’s stock worth $49,000 after purchasing an additional 1,197 shares in the last quarter. Hantz Financial Services Inc. acquired a new stake in Global X Future Analytics Tech ETF during the fourth quarter valued at approximately $50,000. Wilmington Savings Fund Society FSB bought a new stake in Global X Future Analytics Tech ETF during the fourth quarter worth approximately $53,000. Finally, Grove Bank & Trust acquired a new position in Global X Future Analytics Tech ETF in the third quarter worth approximately $54,000. Institutional investors and hedge funds own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Price Performance

NASDAQ AIQ opened at $40.61 on Friday. Global X Future Analytics Tech ETF has a 12 month low of $30.85 and a 12 month high of $40.98. The firm has a market capitalization of $2.89 billion, a PE ratio of -238.88 and a beta of 1.13. The company’s 50 day simple moving average is $39.45 and its 200 day simple moving average is $37.22.

Global X Future Analytics Tech ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.0109 dividend. The ex-dividend date was Monday, December 30th. Global X Future Analytics Tech ETF’s dividend payout ratio is presently -29.41%.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF