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

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) was the target of a large drop in short interest in March. As of March 31st, there was short interest totaling 21,032 shares, a drop of 84.2% from the March 15th total of 132,851 shares. Based on an average trading volume of 102,984 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of KraneShares Artificial Intelligence and Technology ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ORG Partners LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the 4th quarter worth approximately $36,000. Noble Wealth Management PBC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the 4th quarter worth approximately $37,000. Ankerstar Wealth LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the 4th quarter worth approximately $184,000. Advisory Services Network LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the 3rd quarter worth approximately $206,000. Finally, Resolute Wealth Strategies LLC purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF during the 4th quarter worth approximately $225,000.

KraneShares Artificial Intelligence and Technology ETF Trading Up 0.5%

Shares of NASDAQ:AGIX opened at $34.86 on Friday. KraneShares Artificial Intelligence and Technology ETF has a twelve month low of $22.35 and a twelve month high of $40.01. The company has a market capitalization of $202.19 million, a PE ratio of 36.18 and a beta of 1.72. The firm has a 50 day simple moving average of $34.07 and a 200-day simple moving average of $35.90.

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.