KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Short Interest Up 30.1% in December

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 34,955 shares, an increase of 30.1% from the December 15th total of 26,876 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average trading volume of 20,806 shares, the short-interest ratio is currently 1.7 days. Based on an average trading volume of 20,806 shares, the short-interest ratio is currently 1.7 days. Approximately 1.4% of the shares of the company are short sold.

Hedge Funds Weigh In On KraneShares Artificial Intelligence and Technology ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in AGIX. ORG Partners LLC acquired a new position in KraneShares Artificial Intelligence and Technology ETF in the fourth quarter worth about $36,000. Noble Wealth Management PBC acquired a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the 4th quarter worth approximately $37,000. Advisory Services Network LLC bought a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the 3rd quarter worth approximately $206,000. Private Advisor Group LLC bought a new stake in KraneShares Artificial Intelligence and Technology ETF in the third quarter valued at $253,000. Finally, Mainstay Capital Management LLC ADV bought a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the third quarter valued at $503,000.

KraneShares Artificial Intelligence and Technology ETF Trading Down 0.1%

Shares of NASDAQ:AGIX opened at $36.37 on Friday. KraneShares Artificial Intelligence and Technology ETF has a 1-year low of $20.82 and a 1-year high of $40.01. The firm has a market capitalization of $130.93 million, a PE ratio of 36.18 and a beta of 1.77. The business’s 50 day moving average is $36.42 and its 200-day moving average is $35.38.

KraneShares Artificial Intelligence and Technology ETF Dividend Announcement

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

KraneShares Artificial Intelligence and Technology ETF Company Profile

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.