KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Short Interest Update

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 81,180 shares, a decline of 45.0% from the June 15th total of 147,673 shares. Based on an average daily volume of 383,087 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Trading of KraneShares Artificial Intelligence and Technology ETF

Hedge funds have recently bought and sold shares of the business. ORG Partners LLC purchased a new position in KraneShares Artificial Intelligence and Technology ETF in the fourth quarter worth $36,000. Noble Wealth Management PBC bought a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the 4th quarter worth $37,000. Ankerstar Wealth LLC bought a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the 4th quarter worth $184,000. Advisory Services Network LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the 3rd quarter worth about $206,000. Finally, Dynamic Advisor Solutions LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the 2nd quarter worth about $220,000.

KraneShares Artificial Intelligence and Technology ETF Stock Performance

NASDAQ:AGIX traded down $0.77 on Friday, hitting $42.25. The stock had a trading volume of 79,346 shares, compared to its average volume of 263,443. KraneShares Artificial Intelligence and Technology ETF has a 1 year low of $30.89 and a 1 year high of $49.67. The firm’s fifty day simple moving average is $45.41 and its two-hundred day simple moving average is $39.11. The stock has a market cap of $722.48 million, a P/E ratio of 36.18 and a beta of 1.93.

KraneShares Artificial Intelligence and Technology ETF Company Profile

The KraneShares Artificial Intelligence & Technology ETF (AGIX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses an index as a guide to select stocks globally that are involved in developing and applying artificial intelligence technologies. The fund has the ability to invest in both listed and private AI companies AGIX was launched on Jul 18, 2024 and is issued by KraneShares.