Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sees Significant Growth in Short Interest

Posted by Maria Luz-Campos on Jan 17th, 2025

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 874,100 shares, a growth of 73.9% from the December 15th total of 502,700 shares. Based on an average daily volume of 411,200 shares, the short-interest ratio is presently 2.1 days.

Global X Future Analytics Tech ETF Stock Performance

NASDAQ:AIQ opened at $38.88 on Friday. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of -228.71 and a beta of 1.13. Global X Future Analytics Tech ETF has a one year low of $30.01 and a one year high of $40.65. The stock has a 50-day simple moving average of $39.09 and a 200 day simple moving average of $36.97.

Global X Future Analytics Tech ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.0109 dividend. The ex-dividend date of this dividend was Monday, December 30th. Global X Future Analytics Tech ETF’s dividend payout ratio (DPR) is -29.41%.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several large investors have recently added to or reduced their stakes in the company. FLC Capital Advisors raised its holdings in shares of Global X Future Analytics Tech ETF by 60.6% during the fourth quarter. FLC Capital Advisors now owns 9,204 shares of the technology ETF’s stock worth $356,000 after purchasing an additional 3,473 shares during the period. Grove Bank & Trust raised its stake in Global X Future Analytics Tech ETF by 89.9% during the fourth quarter. Grove Bank & Trust now owns 2,735 shares of the technology ETF’s stock worth $106,000 after acquiring an additional 1,295 shares during the period. Krilogy Financial LLC lifted its holdings in Global X Future Analytics Tech ETF by 5.8% in the fourth quarter. Krilogy Financial LLC now owns 21,604 shares of the technology ETF’s stock worth $835,000 after acquiring an additional 1,180 shares during the last quarter. Merit Financial Group LLC acquired a new position in Global X Future Analytics Tech ETF in the fourth quarter valued at approximately $249,000. Finally, Wealthcare Advisory Partners LLC bought a new position in shares of Global X Future Analytics Tech ETF during the fourth quarter valued at approximately $344,000. 27.02% of the stock is currently owned by institutional investors.