Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sees Large Drop in Short Interest

Global X Future Analytics Tech ETF (NASDAQ:AIQ) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 259,200 shares, a decrease of 66.7% from the October 31st total of 777,700 shares. Based on an average trading volume of 314,300 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Global X Future Analytics Tech ETF

Institutional investors have recently bought and sold shares of the stock. RPg Family Wealth Advisory LLC purchased a new position in Global X Future Analytics Tech ETF during the 3rd quarter worth $33,000. Avior Wealth Management LLC grew its position in Global X Future Analytics Tech ETF by 950.0% in the 3rd quarter. Avior Wealth Management LLC now owns 1,323 shares of the technology ETF’s stock worth $49,000 after purchasing an additional 1,197 shares in the last quarter. Grove Bank & Trust purchased a new stake in Global X Future Analytics Tech ETF in the 3rd quarter valued at about $54,000. First Community Trust NA lifted its position in shares of Global X Future Analytics Tech ETF by 96.2% during the 3rd quarter. First Community Trust NA now owns 2,600 shares of the technology ETF’s stock worth $97,000 after buying an additional 1,275 shares in the last quarter. Finally, Larson Financial Group LLC purchased a new position in shares of Global X Future Analytics Tech ETF in the 2nd quarter worth approximately $111,000. Institutional investors own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Stock Down 0.9 %

Global X Future Analytics Tech ETF stock traded down $0.34 during mid-day trading on Wednesday, hitting $38.58. 326,322 shares of the stock were exchanged, compared to its average volume of 523,963. The firm’s fifty day simple moving average is $37.56 and its two-hundred day simple moving average is $35.80. Global X Future Analytics Tech ETF has a 12 month low of $29.32 and a 12 month high of $39.17. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of -228.94 and a beta of 1.13.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF