Short Interest in Global X Future Analytics Tech ETF (NASDAQ:AIQ) Drops By 12.7%

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totalling 279,200 shares, a drop of 12.7% from the June 30th total of 319,800 shares. Based on an average trading volume of 552,300 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Global X Future Analytics Tech ETF

A number of large investors have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Global X Future Analytics Tech ETF by 107.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 905,758 shares of the technology ETF’s stock worth $30,760,000 after buying an additional 470,066 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Global X Future Analytics Tech ETF by 2.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 715,528 shares of the technology ETF’s stock worth $25,494,000 after buying an additional 17,525 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in Global X Future Analytics Tech ETF by 4.1% during the second quarter. Proficio Capital Partners LLC now owns 398,590 shares of the technology ETF’s stock worth $14,202,000 after buying an additional 15,880 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in Global X Future Analytics Tech ETF by 363.2% during the first quarter. Kestra Advisory Services LLC now owns 379,397 shares of the technology ETF’s stock worth $12,884,000 after buying an additional 297,491 shares in the last quarter. Finally, Black Swift Group LLC bought a new stake in Global X Future Analytics Tech ETF during the fourth quarter worth approximately $9,238,000. 27.02% of the stock is currently owned by institutional investors.

Global X Future Analytics Tech ETF Price Performance

Global X Future Analytics Tech ETF stock opened at $33.88 on Wednesday. The firm has a 50 day simple moving average of $35.26 and a 200-day simple moving average of $33.79. The stock has a market capitalization of $2.06 billion, a PE ratio of -199.29 and a beta of 1.13. Global X Future Analytics Tech ETF has a 12-month low of $25.39 and a 12-month high of $37.18.

Global X Future Analytics Tech ETF Announces Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, July 5th. Investors of record on Thursday, June 27th were issued a dividend of $0.0425 per share. The ex-dividend date of this dividend was Thursday, June 27th. Global X Future Analytics Tech ETF’s payout ratio is -35.29%.

Global X Future Analytics Tech ETF Company Profile

Global X Artificial Intelligence & Technology ETF