Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Short Interest Down 51.3% in May

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX – Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 22,838 shares, a drop of 51.3% from the April 30th total of 46,905 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 22,367 shares, the short-interest ratio is presently 1.0 days.

Xtrackers Artificial Intelligence and Big Data ETF Trading Up 4.0%

Shares of NASDAQ XAIX traded up $2.36 during midday trading on Tuesday, reaching $60.87. The company had a trading volume of 80,439 shares, compared to its average volume of 19,993. The business’s 50-day simple moving average is $47.54 and its 200 day simple moving average is $44.34. The stock has a market cap of $158.87 million, a P/E ratio of 24.06 and a beta of 1.53. Xtrackers Artificial Intelligence and Big Data ETF has a 1 year low of $34.94 and a 1 year high of $61.10.

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Xtrackers Artificial Intelligence and Big Data ETF Company Profile

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The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.

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