KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Short Interest Update

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 25,476 shares, a growth of 355.4% from the January 15th total of 5,594 shares. Based on an average trading volume of 111,345 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 111,345 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On KraneShares Artificial Intelligence and Technology ETF

A number of hedge funds have recently bought and sold shares of AGIX. ORG Partners LLC bought a new stake in KraneShares Artificial Intelligence and Technology ETF during the fourth quarter valued at $36,000. Noble Wealth Management PBC acquired a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the 4th quarter valued at about $37,000. Advisory Services Network LLC bought a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the 3rd quarter valued at about $206,000. Resolute Wealth Strategies LLC bought a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the 4th quarter valued at about $225,000. Finally, Private Advisor Group LLC acquired a new stake in KraneShares Artificial Intelligence and Technology ETF during the third quarter worth approximately $253,000.

KraneShares Artificial Intelligence and Technology ETF Price Performance

Shares of AGIX stock opened at $34.54 on Thursday. The stock has a market capitalization of $151.98 million, a PE ratio of 36.18 and a beta of 1.77. The business’s 50 day simple moving average is $36.22 and its 200 day simple moving average is $35.84. KraneShares Artificial Intelligence and Technology ETF has a one year low of $20.82 and a one year high of $40.01.

KraneShares Artificial Intelligence and Technology ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were paid a $0.4377 dividend. This represents a dividend yield of 119.0%. The ex-dividend date of this dividend was Monday, December 22nd.

About KraneShares Artificial Intelligence and Technology ETF

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.