Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Short Interest Down 26.2% in October

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Rating) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 18,000 shares, a decrease of 26.2% from the October 15th total of 24,400 shares. Based on an average daily trading volume, of 19,600 shares, the days-to-cover ratio is presently 0.9 days.

Global X Artificial Intelligence & Technology ETF Stock Up 2.7 %

NASDAQ:AIQ opened at $20.94 on Friday. The stock’s fifty day moving average price is $19.86 and its two-hundred day moving average price is $21.32. Global X Artificial Intelligence & Technology ETF has a 52-week low of $18.01 and a 52-week high of $33.45.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Artificial Intelligence & Technology ETF stock. Cambridge Investment Research Advisors Inc. boosted its position in shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Rating) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,042 shares of the technology ETF’s stock after buying an additional 749 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.70% of Global X Artificial Intelligence & Technology ETF worth $883,000 as of its most recent SEC filing. Institutional investors and hedge funds own 27.02% of the company’s stock.

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