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

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 294,900 shares, a drop of 66.3% from the December 31st total of 874,100 shares. Based on an average daily trading volume, of 485,500 shares, the days-to-cover ratio is currently 0.6 days.

Global X Future Analytics Tech ETF Stock Performance

Shares of NASDAQ AIQ opened at $40.45 on Friday. The stock has a market cap of $2.88 billion, a PE ratio of -237.94 and a beta of 1.13. Global X Future Analytics Tech ETF has a fifty-two week low of $30.85 and a fifty-two week high of $41.10. The stock has a fifty day moving average of $39.49 and a 200-day moving average of $37.25.

Global X Future Analytics Tech ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.0109 dividend. The ex-dividend date was Monday, December 30th. Global X Future Analytics Tech ETF’s dividend payout ratio (DPR) is presently -29.41%.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new position in Global X Future Analytics Tech ETF during the second quarter worth about $365,000. AQR Capital Management LLC purchased a new position in Global X Future Analytics Tech ETF during the second quarter worth about $461,000. Creative Planning grew its position in Global X Future Analytics Tech ETF by 31.1% during the second quarter. Creative Planning now owns 26,800 shares of the technology ETF’s stock worth $955,000 after buying an additional 6,356 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Global X Future Analytics Tech ETF by 31.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 165,598 shares of the technology ETF’s stock worth $5,900,000 after buying an additional 39,708 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in Global X Future Analytics Tech ETF by 21.3% during the second quarter. Sunbelt Securities Inc. now owns 6,554 shares of the technology ETF’s stock worth $234,000 after buying an additional 1,150 shares in the last quarter. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

Global X Future Analytics Tech ETF Company Profile

Global X Artificial Intelligence & Technology ETF