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

Global X Future Analytics Tech ETF (NASDAQ:AIQ) saw a large decrease in short interest in June. As of June 15th, there was short interest totalling 663,700 shares, a decrease of 32.4% from the May 31st total of 982,200 shares. Based on an average daily trading volume, of 603,000 shares, the days-to-cover ratio is presently 1.1 days.

Global X Future Analytics Tech ETF Stock Down 0.0 %

AIQ stock opened at $35.63 on Friday. Global X Future Analytics Tech ETF has a twelve month low of $25.39 and a twelve month high of $36.18. The firm has a market capitalization of $1.84 billion, a PE ratio of -209.59 and a beta of 1.13. The stock has a 50-day simple moving average of $34.11 and a two-hundred day simple moving average of $32.96.

Global X Future Analytics Tech ETF Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 27th will be paid a $0.0425 dividend. The ex-dividend date is Thursday, June 27th. Global X Future Analytics Tech ETF’s dividend payout ratio is currently -29.41%.

Institutional Trading of Global X Future Analytics Tech ETF

A number of hedge funds have recently made changes to their positions in AIQ. Macroview Investment Management LLC purchased a new position in shares of Global X Future Analytics Tech ETF in the fourth quarter worth about $26,000. FinTrust Capital Advisors LLC purchased a new position in Global X Future Analytics Tech ETF in the 4th quarter worth approximately $32,000. FAS Wealth Partners Inc. bought a new stake in Global X Future Analytics Tech ETF in the fourth quarter valued at approximately $34,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Global X Future Analytics Tech ETF by 122.3% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,174 shares of the technology ETF’s stock valued at $40,000 after purchasing an additional 646 shares during the period. Finally, Howe & Rusling Inc. bought a new position in shares of Global X Future Analytics Tech ETF in the fourth quarter worth approximately $41,000. 27.02% of the stock is owned by institutional investors.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF