Global X Future Analytics Tech ETF (NASDAQ:AIQ) Short Interest Down 31.4% in August

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 361,100 shares, a drop of 31.4% from the August 15th total of 526,500 shares. Based on an average trading volume of 406,800 shares, the short-interest ratio is presently 0.9 days.

Global X Future Analytics Tech ETF Trading Down 1.5 %

Shares of NASDAQ:AIQ opened at $27.98 on Friday. Global X Future Analytics Tech ETF has a 1 year low of $18.01 and a 1 year high of $29.74. The business has a fifty day simple moving average of $28.36 and a 200 day simple moving average of $26.25. The firm has a market cap of $468.67 million, a price-to-earnings ratio of -164.59 and a beta of 1.13.

Global X Future Analytics Tech ETF Cuts Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Monday, July 10th. Investors of record on Friday, June 30th were issued a dividend of $0.03 per share. The ex-dividend date was Thursday, June 29th. Global X Future Analytics Tech ETF’s dividend payout ratio is -47.06%.

Institutional Trading of Global X Future Analytics Tech ETF

Several hedge funds and other institutional investors have recently modified their holdings of AIQ. Daiwa Securities Group Inc. raised its holdings in shares of Global X Future Analytics Tech ETF by 206.6% during the second quarter. Daiwa Securities Group Inc. now owns 1,113,079 shares of the technology ETF’s stock worth $31,122,000 after acquiring an additional 750,000 shares in the last quarter. LPL Financial LLC increased its position in Global X Future Analytics Tech ETF by 429.3% during the second quarter. LPL Financial LLC now owns 346,808 shares of the technology ETF’s stock worth $9,697,000 after buying an additional 281,283 shares during the last quarter. Curtis Advisory Group LLC acquired a new position in Global X Future Analytics Tech ETF during the second quarter worth $3,775,000. Windmill Hill Asset Management Ltd acquired a new position in Global X Future Analytics Tech ETF during the second quarter worth $2,796,000. Finally, JPMorgan Chase & Co. acquired a new position in Global X Future Analytics Tech ETF during the second quarter worth $2,350,000. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF