Global X Alternative Income ETF (NASDAQ:ALTY – Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 3,500 shares, a growth of 40.0% from the March 31st total of 2,500 shares. Based on an average daily trading volume, of 12,400 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Trading of Global X Alternative Income ETF
Institutional investors and hedge funds have recently made changes to their positions in the business. Kovack Advisors Inc. grew its stake in Global X Alternative Income ETF by 18.1% in the fourth quarter. Kovack Advisors Inc. now owns 21,522 shares of the company’s stock worth $243,000 after purchasing an additional 3,294 shares in the last quarter. Eudaimonia Advisors LLC raised its holdings in shares of Global X Alternative Income ETF by 3.6% in the first quarter. Eudaimonia Advisors LLC now owns 43,656 shares of the company’s stock valued at $504,000 after acquiring an additional 1,510 shares in the last quarter. Eudaimonia Partners LLC increased its position in Global X Alternative Income ETF by 11.2% during the 3rd quarter. Eudaimonia Partners LLC now owns 58,179 shares of the company’s stock valued at $626,000 after purchasing an additional 5,840 shares during the period. Finally, Triumph Capital Management boosted its stake in shares of Global X Alternative Income ETF by 1.6% during the third quarter. Triumph Capital Management now owns 66,273 shares of the company’s stock valued at $713,000 after purchasing an additional 1,042 shares in the last quarter.
Global X Alternative Income ETF Stock Performance
ALTY stock traded up $0.05 during mid-day trading on Friday, reaching $11.23. 4,973 shares of the stock traded hands, compared to its average volume of 11,700. Global X Alternative Income ETF has a one year low of $10.31 and a one year high of $11.65. The stock has a market capitalization of $34.46 million, a PE ratio of 14.89 and a beta of 0.99. The business has a 50-day moving average price of $11.34 and a two-hundred day moving average price of $11.15.
Global X Alternative Income ETF Dividend Announcement
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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