Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 987,076 shares, a drop of 72.1% from the July 30th total of 3,542,390 shares. Based on an average trading volume of 1,092,457 shares, the short-interest ratio is currently 0.9 days. Approximately 0.6% of the company’s stock are sold short.
Hedge Funds Weigh In On Global X Artificial Intelligence & Technology ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Global X Artificial Intelligence & Technology ETF by 16.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,652 shares of the technology ETF’s stock worth $2,752,000 after buying an additional 10,407 shares in the last quarter. Baird Financial Group Inc. increased its holdings in Global X Artificial Intelligence & Technology ETF by 34.0% in the 2nd quarter. Baird Financial Group Inc. now owns 30,520 shares of the technology ETF’s stock worth $1,333,000 after acquiring an additional 7,738 shares in the last quarter. Marshall Wace LLP purchased a new position in Global X Artificial Intelligence & Technology ETF during the second quarter valued at approximately $932,000. BNP Paribas Financial Markets lifted its holdings in Global X Artificial Intelligence & Technology ETF by 15,471.7% during the second quarter. BNP Paribas Financial Markets now owns 7,163 shares of the technology ETF’s stock valued at $313,000 after purchasing an additional 7,117 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of Global X Artificial Intelligence & Technology ETF in the second quarter worth approximately $26,000. Hedge funds and other institutional investors own 27.02% of the company’s stock.
Global X Artificial Intelligence & Technology ETF Stock Down 0.5%
Shares of NASDAQ AIQ traded down $0.32 during trading on Friday, reaching $64.22. The company had a trading volume of 759,937 shares, compared to its average volume of 2,124,287. Global X Artificial Intelligence & Technology ETF has a 12-month low of $44.01 and a 12-month high of $70.26. The business’s 50-day moving average is $62.15 and its 200 day moving average is $57.56. The stock has a market cap of $11.16 billion, a PE ratio of -377.76 and a beta of 1.35.
Global X Artificial Intelligence & Technology ETF Announces Dividend
About Global X Artificial Intelligence & Technology ETF
Global X Artificial Intelligence & Technology ETF
Recommended Stories
- Five stocks we like better than Global X Artificial Intelligence & Technology ETF
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for Global X Artificial Intelligence & Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Artificial Intelligence & Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
