Short Interest in Global X Future Analytics Tech ETF (NASDAQ:AIQ) Rises By 384.9%

Posted by Stanley Muller on Feb 12th, 2025

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,430,000 shares, an increase of 384.9% from the January 15th total of 294,900 shares. Based on an average trading volume of 580,400 shares, the days-to-cover ratio is presently 2.5 days.

Global X Future Analytics Tech ETF Stock Performance

Shares of NASDAQ AIQ traded up $0.23 during mid-day trading on Wednesday, hitting $41.63. The stock had a trading volume of 455,502 shares, compared to its average volume of 745,364. The business has a 50 day moving average price of $39.79 and a two-hundred day moving average price of $37.56. Global X Future Analytics Tech ETF has a 1 year low of $30.85 and a 1 year high of $41.65. The firm has a market cap of $3.36 billion, a P/E ratio of -244.79 and a beta of 1.13.

Global X Future Analytics Tech ETF Announces Dividend

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

Institutional Trading of Global X Future Analytics Tech ETF

A number of institutional investors have recently modified their holdings of the company. AQR Capital Management LLC bought a new stake in Global X Future Analytics Tech ETF in the second quarter valued at $461,000. Truist Financial Corp lifted its stake in shares of Global X Future Analytics Tech ETF by 202.1% in the 2nd quarter. Truist Financial Corp now owns 18,167 shares of the technology ETF’s stock valued at $647,000 after purchasing an additional 12,154 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Global X Future Analytics Tech ETF during the second quarter valued at approximately $399,000. CWM LLC grew its stake in Global X Future Analytics Tech ETF by 75.8% in the third quarter. CWM LLC now owns 7,002 shares of the technology ETF’s stock worth $260,000 after purchasing an additional 3,020 shares during the period. Finally, Concourse Financial Group Securities Inc. raised its holdings in Global X Future Analytics Tech ETF by 35.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 3,800 shares of the technology ETF’s stock worth $141,000 after purchasing an additional 1,000 shares in the last quarter. 27.02% of the stock is currently owned by hedge funds and other institutional investors.