Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Sees Large Growth in Short Interest

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,390,000 shares, a growth of 85.9% from the August 31st total of 747,900 shares. Based on an average daily volume of 1,258,200 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 1,258,200 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. WFA of San Diego LLC bought a new stake in Global X Artificial Intelligence & Technology ETF in the second quarter valued at $26,000. Capital Investment Advisory Services LLC grew its stake in shares of Global X Artificial Intelligence & Technology ETF by 987.7% in the 1st quarter. Capital Investment Advisory Services LLC now owns 881 shares of the technology ETF’s stock valued at $32,000 after buying an additional 800 shares during the period. Cornerstone Planning Group LLC bought a new stake in Global X Artificial Intelligence & Technology ETF in the 1st quarter valued at about $35,000. Park Square Financial Group LLC increased its position in Global X Artificial Intelligence & Technology ETF by 150.0% in the 1st quarter. Park Square Financial Group LLC now owns 1,000 shares of the technology ETF’s stock valued at $36,000 after buying an additional 600 shares in the last quarter. Finally, Rothschild Investment LLC raised its stake in Global X Artificial Intelligence & Technology ETF by 1,700.0% during the 2nd quarter. Rothschild Investment LLC now owns 900 shares of the technology ETF’s stock worth $39,000 after buying an additional 850 shares during the period. 27.02% of the stock is owned by institutional investors.

Global X Artificial Intelligence & Technology ETF Stock Performance

Global X Artificial Intelligence & Technology ETF stock opened at $50.21 on Friday. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of -295.35 and a beta of 1.13. Global X Artificial Intelligence & Technology ETF has a 52-week low of $30.60 and a 52-week high of $50.67. The stock’s 50 day moving average price is $46.32 and its two-hundred day moving average price is $41.96.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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