KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Short Interest Update

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 54,161 shares, an increase of 101.4% from the February 12th total of 26,897 shares. Based on an average trading volume of 100,947 shares, the short-interest ratio is presently 0.5 days. Currently, 1.2% of the company’s shares are short sold. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 100,947 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the fourth quarter valued at $36,000. Noble Wealth Management PBC purchased a new stake in KraneShares Artificial Intelligence and Technology ETF in the 4th quarter worth about $37,000. Ankerstar Wealth LLC bought a new stake in KraneShares Artificial Intelligence and Technology ETF in the fourth quarter worth about $184,000. Advisory Services Network LLC bought a new stake in KraneShares Artificial Intelligence and Technology ETF in the third quarter worth about $206,000. Finally, Resolute Wealth Strategies LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the fourth quarter valued at approximately $225,000.

KraneShares Artificial Intelligence and Technology ETF Price Performance

Shares of AGIX stock opened at $34.78 on Thursday. KraneShares Artificial Intelligence and Technology ETF has a 1 year low of $20.82 and a 1 year high of $40.01. The stock’s 50 day simple moving average is $35.29 and its two-hundred day simple moving average is $36.09. The company has a market cap of $153.03 million, a PE ratio of 36.18 and a beta of 1.77.

KraneShares Artificial Intelligence and Technology ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were issued a dividend of $0.4377 per share. This represents a yield of 119.0%. The ex-dividend date was Monday, December 22nd.

About KraneShares Artificial Intelligence and Technology ETF

The KraneShares Artificial Intelligence & Technology ETF (AGIX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses an index as a guide to select stocks globally that are involved in developing and applying artificial intelligence technologies. The fund has the ability to invest in both listed and private AI companies AGIX was launched on Jul 18, 2024 and is issued by KraneShares.