Short Interest in Global X Future Analytics Tech ETF (NASDAQ:AIQ) Drops By 24.7%

Posted by Andrew Walz on Apr 27th, 2024

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 556,100 shares, a decrease of 24.7% from the March 31st total of 738,400 shares. Based on an average daily trading volume, of 734,400 shares, the days-to-cover ratio is presently 0.8 days.

Global X Future Analytics Tech ETF Trading Up 1.4 %

NASDAQ AIQ opened at $32.65 on Friday. The business’s 50-day moving average price is $33.35 and its 200 day moving average price is $31.00. Global X Future Analytics Tech ETF has a twelve month low of $23.16 and a twelve month high of $34.52. The company has a market capitalization of $1.68 billion, a PE ratio of -192.06 and a beta of 1.13.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Large investors have recently modified their holdings of the company. Macroview Investment Management LLC purchased a new position in shares of Global X Future Analytics Tech ETF in the 4th quarter worth about $26,000. FinTrust Capital Advisors LLC purchased a new position in shares of Global X Future Analytics Tech ETF in the 4th quarter worth about $32,000. FAS Wealth Partners Inc. acquired a new stake in shares of Global X Future Analytics Tech ETF in the fourth quarter valued at about $34,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of Global X Future Analytics Tech ETF in the third quarter valued at about $31,000. Finally, Howe & Rusling Inc. acquired a new stake in shares of Global X Future Analytics Tech ETF in the fourth quarter valued at about $41,000. 27.02% of the stock is currently owned by hedge funds and other institutional investors.