Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Short Interest Up 1,664.0% in April

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 46,905 shares, a growth of 1,664.0% from the April 15th total of 2,659 shares. Based on an average trading volume of 16,329 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.8% of the shares of the company are sold short.

Xtrackers Artificial Intelligence and Big Data ETF Trading Up 1.1%

Shares of NASDAQ XAIX opened at $53.74 on Tuesday. Xtrackers Artificial Intelligence and Big Data ETF has a twelve month low of $33.93 and a twelve month high of $53.90. The company has a market capitalization of $140.26 million, a price-to-earnings ratio of 24.06 and a beta of 1.53. The business has a 50 day simple moving average of $43.75 and a 200-day simple moving average of $43.16.

About Xtrackers Artificial Intelligence and Big Data ETF

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.