Global X Alternative Income ETF (NASDAQ:ALTY) Sees Large Increase in Short Interest

Global X Alternative Income ETF (NASDAQ:ALTY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,500 shares, a growth of 650.0% from the December 15th total of 200 shares. Based on an average trading volume of 10,400 shares, the short-interest ratio is presently 0.1 days.

Global X Alternative Income ETF Trading Up 0.1 %

NASDAQ ALTY opened at $11.53 on Tuesday. The company has a fifty day simple moving average of $11.85 and a 200 day simple moving average of $11.78. Global X Alternative Income ETF has a 12-month low of $10.95 and a 12-month high of $12.19. The company has a market cap of $32.51 million, a P/E ratio of 15.21 and a beta of 0.99.

Global X Alternative Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.1495 per share. The ex-dividend date was Monday, December 30th. This is an increase from Global X Alternative Income ETF’s previous dividend of $0.09.

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.