Short Interest in Global X Future Analytics Tech ETF (NASDAQ:AIQ) Expands By 81.5%

Posted by Defense World Staff on Oct 12th, 2024

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 184,200 shares, an increase of 81.5% from the September 15th total of 101,500 shares. Based on an average daily volume of 395,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Global X Future Analytics Tech ETF

Large investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its holdings in shares of Global X Future Analytics Tech ETF by 25.2% during the 2nd quarter. LPL Financial LLC now owns 2,027,885 shares of the technology ETF’s stock worth $72,254,000 after buying an additional 407,981 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Global X Future Analytics Tech ETF by 107.9% in 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 purchasing an additional 470,066 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Global X Future Analytics Tech ETF by 2.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 715,528 shares of the technology ETF’s stock worth $25,494,000 after purchasing an additional 17,525 shares during the period. Envestnet Asset Management Inc. increased its stake in Global X Future Analytics Tech ETF by 118.2% in the second quarter. Envestnet Asset Management Inc. now owns 579,410 shares of the technology ETF’s stock valued at $20,644,000 after purchasing an additional 313,914 shares in the last quarter. Finally, Valley Wealth Managers Inc. raised its holdings in shares of Global X Future Analytics Tech ETF by 136.7% during the second quarter. Valley Wealth Managers Inc. now owns 548,975 shares of the technology ETF’s stock valued at $19,560,000 after purchasing an additional 317,031 shares during the period. Institutional investors and hedge funds own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Trading Up 0.5 %

Shares of Global X Future Analytics Tech ETF stock opened at $37.97 on Friday. The business has a 50-day moving average price of $35.31 and a two-hundred day moving average price of $34.71. Global X Future Analytics Tech ETF has a 1-year low of $25.39 and a 1-year high of $38.03. The company has a market cap of $2.29 billion, a P/E ratio of -223.35 and a beta of 1.13.