Global X Future Analytics Tech ETF (NASDAQ:AIQ) Short Interest Down 32.4% in June

Posted by Defense World Staff on Jun 29th, 2024

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 663,700 shares, a decline of 32.4% from the May 31st total of 982,200 shares. Based on an average daily volume of 603,000 shares, the days-to-cover ratio is presently 1.1 days.

Global X Future Analytics Tech ETF Price Performance

Global X Future Analytics Tech ETF stock opened at $35.63 on Friday. The business has a fifty day moving average price of $34.11 and a 200-day moving average price of $32.96. Global X Future Analytics Tech ETF has a 1-year low of $25.39 and a 1-year high of $36.18. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of -209.59 and a beta of 1.13.

Global X Future Analytics Tech ETF Announces Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 27th will be issued a $0.0425 dividend. The ex-dividend date is Thursday, June 27th. Global X Future Analytics Tech ETF’s dividend payout ratio (DPR) is presently -29.41%.

Institutional Trading of Global X Future Analytics Tech ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. HighTower Advisors LLC acquired a new position in Global X Future Analytics Tech ETF in the 3rd quarter worth about $592,000. PNC Financial Services Group Inc. raised its stake in shares of Global X Future Analytics Tech ETF by 12.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,872 shares of the technology ETF’s stock worth $131,000 after buying an additional 554 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of Global X Future Analytics Tech ETF during the 3rd quarter valued at approximately $494,000. LPL Financial LLC grew its stake in Global X Future Analytics Tech ETF by 58.8% in the 3rd quarter. LPL Financial LLC now owns 550,713 shares of the technology ETF’s stock valued at $14,820,000 after acquiring an additional 203,905 shares during the period. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in Global X Future Analytics Tech ETF in the 3rd quarter valued at $1,425,000. Institutional investors and hedge funds own 27.02% of the company’s stock.