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

Posted by Defense World Staff on Nov 17th, 2024

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 777,700 shares, a growth of 16.0% from the October 15th total of 670,200 shares. Based on an average daily trading volume, of 285,500 shares, the days-to-cover ratio is presently 2.7 days.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several institutional investors have recently made changes to their positions in the business. RPg Family Wealth Advisory LLC bought a new stake in Global X Future Analytics Tech ETF during the third quarter valued at approximately $33,000. Avior Wealth Management LLC grew its position in shares of Global X Future Analytics Tech ETF by 950.0% during the 3rd quarter. Avior Wealth Management LLC now owns 1,323 shares of the technology ETF’s stock valued at $49,000 after acquiring an additional 1,197 shares during the period. Grove Bank & Trust purchased a new stake in shares of Global X Future Analytics Tech ETF in the 3rd quarter worth $54,000. First Community Trust NA raised its holdings in Global X Future Analytics Tech ETF by 96.2% in the 3rd quarter. First Community Trust NA now owns 2,600 shares of the technology ETF’s stock worth $97,000 after purchasing an additional 1,275 shares during the period. Finally, Larson Financial Group LLC bought a new position in Global X Future Analytics Tech ETF in the 2nd quarter worth $111,000. Institutional investors own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Stock Performance

AIQ stock opened at $37.73 on Friday. The company has a market cap of $2.29 billion, a price-to-earnings ratio of -221.94 and a beta of 1.13. The business’s 50-day moving average is $37.04 and its two-hundred day moving average is $35.52. Global X Future Analytics Tech ETF has a fifty-two week low of $28.94 and a fifty-two week high of $39.16.