Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Update

Global X Alternative Income ETF (NASDAQ:ALTY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,400 shares, an increase of 180.0% from the September 15th total of 500 shares. Based on an average daily trading volume, of 10,100 shares, the short-interest ratio is presently 0.1 days.

Global X Alternative Income ETF Trading Up 0.1 %

Shares of NASDAQ ALTY opened at $11.95 on Friday. Global X Alternative Income ETF has a 12-month low of $10.31 and a 12-month high of $12.12. The company has a market cap of $33.33 million, a PE ratio of 15.21 and a beta of 0.99. The stock has a 50 day simple moving average of $11.80 and a 200-day simple moving average of $11.53.

Global X Alternative Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 3rd were given a dividend of $0.0725 per share. This represents a $0.87 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date of this dividend was Thursday, October 3rd. This is a positive change from Global X Alternative Income ETF’s previous monthly dividend of $0.07.

About Global X Alternative Income ETF

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.