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

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 950,024 shares, a growth of 191.5% from the May 14th total of 325,880 shares. Based on an average daily trading volume, of 2,234,783 shares, the short-interest ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Hedge funds have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC acquired a new position in shares of Global X Artificial Intelligence & Technology ETF during the third quarter worth $14,271,000. Concentrum Wealth Management lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 985.1% during the fourth quarter. Concentrum Wealth Management now owns 44,914 shares of the technology ETF’s stock worth $2,284,000 after purchasing an additional 40,775 shares during the period. Belpointe Asset Management LLC lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 36.8% during the fourth quarter. Belpointe Asset Management LLC now owns 64,275 shares of the technology ETF’s stock worth $3,269,000 after purchasing an additional 17,291 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 19.7% during the third quarter. JPMorgan Chase & Co. now owns 1,492,275 shares of the technology ETF’s stock worth $73,703,000 after purchasing an additional 245,198 shares during the period. Finally, Rollins Financial Advisors LLC acquired a new position in shares of Global X Artificial Intelligence & Technology ETF during the third quarter worth $597,000. Institutional investors and hedge funds own 27.02% of the company’s stock.

Global X Artificial Intelligence & Technology ETF Trading Up 0.1%

Global X Artificial Intelligence & Technology ETF stock traded up $0.05 during mid-day trading on Friday, reaching $64.00. The company had a trading volume of 3,381,855 shares, compared to its average volume of 2,142,988. Global X Artificial Intelligence & Technology ETF has a fifty-two week low of $41.17 and a fifty-two week high of $70.26. The company has a market cap of $9.92 billion, a P/E ratio of -376.47 and a beta of 1.33. The business has a fifty day simple moving average of $58.69 and a 200 day simple moving average of $53.25.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF