Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 950,024 shares, a growth of 191.5% from the May 14th total of 325,880 shares. Based on an average daily trading volume, of 2,234,783 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the company’s shares are sold short.
Global X Artificial Intelligence & Technology ETF Stock Up 0.1%
AIQ traded up $0.05 on Friday, reaching $64.00. 3,381,855 shares of the company traded hands, compared to its average volume of 2,142,988. Global X Artificial Intelligence & Technology ETF has a one year low of $41.17 and a one year high of $70.26. The firm has a fifty day simple moving average of $58.69 and a two-hundred day simple moving average of $53.25. The company has a market cap of $9.92 billion, a P/E ratio of -376.47 and a beta of 1.33.
Institutional Investors Weigh In On Global X Artificial Intelligence & Technology ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Gen Wealth Partners Inc lifted its holdings in Global X Artificial Intelligence & Technology ETF by 86.1% during the 4th quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock valued at $26,000 after buying an additional 241 shares in the last quarter. WFA of San Diego LLC bought a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 2nd quarter valued at about $26,000. Nemes Rush Group LLC raised its holdings in shares of Global X Artificial Intelligence & Technology ETF by 503.0% in the 3rd quarter. Nemes Rush Group LLC now owns 603 shares of the technology ETF’s stock valued at $30,000 after purchasing an additional 503 shares in the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 4th quarter valued at about $31,000. Finally, Vestor Capital LLC bought a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 4th quarter valued at about $60,000. Institutional investors own 27.02% of the company’s stock.
About Global X Artificial Intelligence & Technology ETF
Global X Artificial Intelligence & Technology ETF
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