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

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 132,851 shares, an increase of 145.3% from the February 26th total of 54,161 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average daily volume of 93,183 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Trading of KraneShares Artificial Intelligence and Technology ETF

Hedge funds have recently modified their holdings of the business. Royal Bank of Canada purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the 4th quarter worth about $354,000. Ankerstar Wealth LLC purchased a new position in KraneShares Artificial Intelligence and Technology ETF during the 4th quarter valued at about $184,000. LPL Financial LLC boosted its stake in KraneShares Artificial Intelligence and Technology ETF by 941.4% during the fourth quarter. LPL Financial LLC now owns 110,380 shares of the company’s stock worth $4,007,000 after acquiring an additional 99,781 shares in the last quarter. Resolute Wealth Strategies LLC bought a new stake in KraneShares Artificial Intelligence and Technology ETF during the fourth quarter worth about $225,000. Finally, ORG Partners LLC purchased a new stake in KraneShares Artificial Intelligence and Technology ETF in the fourth quarter worth about $36,000.

KraneShares Artificial Intelligence and Technology ETF Stock Up 0.8%

NASDAQ AGIX opened at $33.88 on Thursday. The firm has a market capitalization of $149.07 million, a PE ratio of 36.18 and a beta of 1.77. The stock’s 50 day moving average is $34.76 and its 200 day moving average is $36.13. KraneShares Artificial Intelligence and Technology ETF has a twelve month low of $20.82 and a twelve month high of $40.01.

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.