Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 950,024 shares, an increase of 191.5% from the May 14th total of 325,880 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 2,234,783 shares, the short-interest ratio is currently 0.4 days.
Global X Artificial Intelligence & Technology ETF Trading Up 4.2%
NASDAQ AIQ opened at $63.95 on Friday. The company’s 50-day moving average price is $58.35 and its 200-day moving average price is $53.18. The stock has a market cap of $9.91 billion, a PE ratio of -376.18 and a beta of 1.33. Global X Artificial Intelligence & Technology ETF has a 12 month low of $41.17 and a 12 month high of $70.26.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in AIQ. Gen Wealth Partners Inc grew its holdings in shares of 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 purchasing an additional 241 shares during the last quarter. WFA of San Diego LLC bought a new position in shares of Global X Artificial Intelligence & Technology ETF in the second quarter worth about $26,000. Nemes Rush Group LLC grew its holdings in shares of Global X Artificial Intelligence & Technology ETF by 503.0% in the third quarter. Nemes Rush Group LLC now owns 603 shares of the technology ETF’s stock worth $30,000 after purchasing an additional 503 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Global X Artificial Intelligence & Technology ETF in the fourth quarter worth about $31,000. Finally, Rossby Financial LCC bought a new position in shares of Global X Artificial Intelligence & Technology ETF in the third quarter worth about $59,000. 27.02% of the stock is currently owned by institutional investors.
About Global X Artificial Intelligence & Technology ETF
Global X Artificial Intelligence & Technology ETF
Featured Articles
- Five stocks we like better than Global X Artificial Intelligence & Technology ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
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.
