Short Interest in Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Decreases By 51.3%

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIXGet Free Report) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 22,838 shares, a drop of 51.3% from the April 30th total of 46,905 shares. Based on an average trading volume of 22,367 shares, the short-interest ratio is currently 1.0 days. Approximately 0.9% of the company’s shares are sold short.

Xtrackers Artificial Intelligence and Big Data ETF Trading Down 2.0%

NASDAQ:XAIX traded down $1.24 during mid-day trading on Wednesday, hitting $59.69. The stock had a trading volume of 47,080 shares, compared to its average volume of 20,544. Xtrackers Artificial Intelligence and Big Data ETF has a 52 week low of $35.71 and a 52 week high of $61.10. The stock has a market capitalization of $155.79 million, a price-to-earnings ratio of 24.06 and a beta of 1.53. The company has a 50 day simple moving average of $47.54 and a 200-day simple moving average of $44.34.

About Xtrackers Artificial Intelligence and Big Data ETF

(Get Free Report)

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.

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