Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Short Interest Update

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 596,715 shares, a decrease of 65.2% from the June 30th total of 1,712,285 shares. Based on an average trading volume of 2,017,525 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Global X Artificial Intelligence & Technology ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AIQ. Gen Wealth Partners Inc grew its position in Global X Artificial Intelligence & Technology ETF by 86.1% in the fourth quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock worth $26,000 after acquiring an additional 241 shares in the last quarter. WFA of San Diego LLC bought a new stake in Global X Artificial Intelligence & Technology ETF in the second quarter worth $26,000. Manning & Napier Advisors LLC acquired a new position in Global X Artificial Intelligence & Technology ETF during the fourth quarter worth $31,000. Vestor Capital LLC acquired a new position in Global X Artificial Intelligence & Technology ETF during the fourth quarter worth $60,000. Finally, North Star Investment Management Corp. raised its holdings in Global X Artificial Intelligence & Technology ETF by 19.3% during the first quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock valued at $64,000 after buying an additional 221 shares in the last quarter. Institutional investors own 27.02% of the company’s stock.

Global X Artificial Intelligence & Technology ETF Price Performance

AIQ traded down $0.44 during trading on Monday, reaching $57.54. 311,410 shares of the stock traded hands, compared to its average volume of 2,213,034. The stock’s 50-day simple moving average is $63.48 and its two-hundred day simple moving average is $55.82. Global X Artificial Intelligence & Technology ETF has a fifty-two week low of $43.19 and a fifty-two week high of $70.26. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of -338.47 and a beta of 1.33.

Global X Artificial Intelligence & Technology ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were paid a $0.0005 dividend. The ex-dividend date of this dividend was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s payout ratio is presently -23.53%.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF