Short interest in Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) is down 22.0%

The Global X Artificial Intelligence & Technology ETF ( NASDAQ:AIQ – Get Rating ) was the recipient of a big drop in short interest in June. As of June 15th, there was short interest totaling 23,000 shares, a decrease of 22.0% from May 31st’s total of 29,500 shares. Based on an average trading volume of 53,500 shares, the days to cover ratio is currently 0.4 days.

The NASDAQ AIQ opened at $20.88 on Monday. The company has a 50-day moving average of $22.10 and a 200-day moving average of $25.75. Global X Artificial Intelligence & Technology ETF has a 52-week low of $20.27 and a 52-week high of $33.45.

The company also recently disclosed a semiannual dividend, which will be paid on Friday, July 8th. Investors of record on Thursday, June 30th will be paid a dividend of $0.056 per share. The ex-dividend date is Wednesday, June 29th. This is a positive change from Global X Artificial Intelligence & Technology ETF’s previous semi-annual dividend of $0.01.

Several hedge funds and other institutional investors have recently bought and sold shares of AIQ. Captrust Financial Advisors acquired a new position in Global X Artificial Intelligence & Technology ETF in the third quarter valued at approximately $40,000. Financial Engines Advisors LLC acquired a new position in Global X Artificial Intelligence & Technology ETF in the 4th quarter valued at approximately $275,000 Cambridge Investment Research Advisors Inc. raised its stake in Global X Artificial Intelligence & Technology ETF by 25.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 40,905 shares of the technology ETF’s stock valued at $1,301,000 after buying an additional 8,285 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in Global X Artificial Intelligence & Technology ETF by 9.4% in the first quarter. Daiwa Securities Group Inc. now owns 1,163,079 shares of the technology ETF’s stock valued at $31,415,000 after buying an additional 100,000 shares in the last quarter. Hedge funds and other institutional investors own 27.02% of the company’s shares.

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Global X Artificial Intelligence & Technology ETF Company Profile (Get Rating)

Global X Artificial Intelligence & Technology ETF

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