Short Interest in Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Grows By 202.2%

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 69,008 shares, a growth of 202.2% from the May 14th total of 22,838 shares. Based on an average trading volume of 28,714 shares, the short-interest ratio is presently 2.4 days. Currently, 2.6% of the shares of the company are sold short.

Xtrackers Artificial Intelligence and Big Data ETF Stock Up 0.2%

Shares of XAIX opened at $56.07 on Friday. Xtrackers Artificial Intelligence and Big Data ETF has a 12-month low of $36.20 and a 12-month high of $61.10. The firm has a market capitalization of $146.34 million, a price-to-earnings ratio of 24.06 and a beta of 1.72. The stock’s 50-day moving average price is $50.51 and its 200 day moving average price is $45.28.

Xtrackers Artificial Intelligence and Big Data ETF Company Profile

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.