Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sees Significant Drop in Short Interest

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 51,800 shares, a decrease of 82.7% from the February 13th total of 299,400 shares. Based on an average daily trading volume, of 744,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Global X Future Analytics Tech ETF Stock Up 1.7 %

NASDAQ:AIQ opened at $37.46 on Thursday. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of -220.35 and a beta of 1.13. The company’s 50 day moving average price is $39.91 and its 200-day moving average price is $38.40. Global X Future Analytics Tech ETF has a 52 week low of $30.85 and a 52 week high of $42.78.

Global X Future Analytics Tech ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a $0.0109 dividend. The ex-dividend date of this dividend was Monday, December 30th. Global X Future Analytics Tech ETF’s payout ratio is -29.41%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Accredited Wealth Management LLC bought a new stake in Global X Future Analytics Tech ETF in the 4th quarter worth about $29,000. Hurley Capital LLC bought a new stake in shares of Global X Future Analytics Tech ETF in the fourth quarter worth approximately $31,000. RPg Family Wealth Advisory LLC bought a new stake in shares of Global X Future Analytics Tech ETF in the third quarter worth approximately $33,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Global X Future Analytics Tech ETF during the fourth quarter valued at approximately $40,000. Finally, Avior Wealth Management LLC lifted its position in Global X Future Analytics Tech ETF by 950.0% during the third quarter. Avior Wealth Management LLC now owns 1,323 shares of the technology ETF’s stock valued at $49,000 after purchasing an additional 1,197 shares during the period. 27.02% of the stock is owned by institutional investors.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF