Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Short Interest Down 72.1% in August

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 987,076 shares, a decrease of 72.1% from the July 30th total of 3,542,390 shares. Based on an average daily trading volume, of 1,092,457 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Several institutional investors have recently made changes to their positions in AIQ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Global X Artificial Intelligence & Technology ETF by 16.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,652 shares of the technology ETF’s stock worth $2,752,000 after buying an additional 10,407 shares during the period. Baird Financial Group Inc. increased its stake in Global X Artificial Intelligence & Technology ETF by 34.0% during the second quarter. Baird Financial Group Inc. now owns 30,520 shares of the technology ETF’s stock worth $1,333,000 after acquiring an additional 7,738 shares during the last quarter. Marshall Wace LLP acquired a new stake in Global X Artificial Intelligence & Technology ETF during the second quarter worth about $932,000. BNP Paribas Financial Markets raised its holdings in shares of Global X Artificial Intelligence & Technology ETF by 15,471.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,163 shares of the technology ETF’s stock worth $313,000 after purchasing an additional 7,117 shares during the period. Finally, WFA of San Diego LLC purchased a new position in shares of Global X Artificial Intelligence & Technology ETF in the 2nd quarter worth about $26,000. 27.02% of the stock is owned by hedge funds and other institutional investors.

Global X Artificial Intelligence & Technology ETF Trading Up 2.3%

Shares of NASDAQ AIQ traded up $1.47 on Thursday, reaching $64.54. 1,239,719 shares of the company traded hands, compared to its average volume of 2,132,599. Global X Artificial Intelligence & Technology ETF has a fifty-two week low of $44.01 and a fifty-two week high of $70.26. The company has a 50 day moving average of $62.25 and a 200 day moving average of $57.41. The stock has a market capitalization of $11.22 billion, a PE ratio of -379.65 and a beta of 1.35.

Global X Artificial Intelligence & Technology ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a dividend of $0.0005 per share. The ex-dividend date of this dividend was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio (DPR) is currently -23.53%.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF