Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Up 650.0% in January

Global X Alternative Income ETF (NASDAQ:ALTY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,500 shares, an increase of 650.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 10,400 shares, the short-interest ratio is currently 0.1 days.

Global X Alternative Income ETF Price Performance

NASDAQ:ALTY opened at $11.90 on Wednesday. Global X Alternative Income ETF has a 1-year low of $10.95 and a 1-year high of $12.19. The company has a 50-day moving average of $11.84 and a 200 day moving average of $11.82. The firm has a market cap of $33.56 million, a PE ratio of 15.21 and a beta of 0.99.

Global X Alternative Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.1495 dividend. The ex-dividend date was Monday, December 30th. This is a positive change from Global X Alternative Income ETF’s previous dividend of $0.09.

About Global X Alternative Income ETF

The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.