Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Update

Global X Alternative Income ETF (NASDAQ:ALTY) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 200 shares, a drop of 94.7% from the November 30th total of 3,800 shares. Based on an average daily volume of 11,100 shares, the short-interest ratio is currently 0.0 days.

Global X Alternative Income ETF Stock Performance

Shares of ALTY traded down $0.02 during midday trading on Friday, hitting $11.72. 4,341 shares of the stock were exchanged, compared to its average volume of 10,600. The firm has a market cap of $33.75 million, a P/E ratio of 15.21 and a beta of 0.99. Global X Alternative Income ETF has a 52-week low of $10.95 and a 52-week high of $12.19. The stock has a fifty day simple moving average of $11.91 and a 200 day simple moving average of $11.75.

Global X Alternative Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Tuesday, November 5th were given a $0.073 dividend. This represents a $0.88 annualized dividend and a yield of 7.47%. The ex-dividend date of this dividend was Tuesday, November 5th.

Global X Alternative Income ETF Company Profile

The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.