Global X Future Analytics Tech ETF (NASDAQ:AIQ) Short Interest Update

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 502,700 shares, a drop of 30.2% from the November 30th total of 719,700 shares. Based on an average daily trading volume, of 367,300 shares, the days-to-cover ratio is presently 1.4 days.

Global X Future Analytics Tech ETF Stock Performance

NASDAQ:AIQ opened at $39.41 on Friday. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of -231.82 and a beta of 1.13. Global X Future Analytics Tech ETF has a 1 year low of $29.80 and a 1 year high of $40.65. The stock has a fifty day moving average price of $38.71 and a two-hundred day moving average price of $36.62.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Large investors have recently made changes to their positions in the stock. Bank of Montreal Can purchased a new stake in shares of Global X Future Analytics Tech ETF in the 3rd quarter worth about $52,274,000. LPL Financial LLC lifted its holdings in shares of Global X Future Analytics Tech ETF by 25.2% in the second quarter. LPL Financial LLC now owns 2,027,885 shares of the technology ETF’s stock valued at $72,254,000 after purchasing an additional 407,981 shares in the last quarter. Valley Wealth Managers Inc. lifted its holdings in shares of Global X Future Analytics Tech ETF by 136.7% in the second quarter. Valley Wealth Managers Inc. now owns 548,975 shares of the technology ETF’s stock valued at $19,560,000 after purchasing an additional 317,031 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Global X Future Analytics Tech ETF by 118.2% in the second quarter. Envestnet Asset Management Inc. now owns 579,410 shares of the technology ETF’s stock valued at $20,644,000 after purchasing an additional 313,914 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Global X Future Analytics Tech ETF by 25.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 981,965 shares of the technology ETF’s stock worth $36,500,000 after purchasing an additional 197,191 shares in the last quarter. Hedge funds and other institutional investors own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Company Profile

Global X Artificial Intelligence & Technology ETF