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

Global X Future Analytics Tech ETF (NASDAQ:AIQGet Free Report) saw a large increase in short interest in 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 daily trading volume, of 580,400 shares, the short-interest ratio is currently 2.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AIQ. JPMorgan Chase & Co. increased its holdings in shares of Global X Future Analytics Tech ETF by 25.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 981,965 shares of the technology ETF’s stock worth $36,500,000 after buying an additional 197,191 shares during the last quarter. FMR LLC lifted its stake in Global X Future Analytics Tech ETF by 31.6% during the third quarter. FMR LLC now owns 7,225 shares of the technology ETF’s stock worth $269,000 after purchasing an additional 1,734 shares during the last quarter. Mutual Advisors LLC boosted its holdings in shares of Global X Future Analytics Tech ETF by 4.9% in the 4th quarter. Mutual Advisors LLC now owns 7,230 shares of the technology ETF’s stock worth $281,000 after purchasing an additional 340 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Global X Future Analytics Tech ETF by 29.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 65,746 shares of the technology ETF’s stock valued at $2,540,000 after purchasing an additional 14,917 shares during the last quarter. Finally, Bleakley Financial Group LLC raised its holdings in shares of Global X Future Analytics Tech ETF by 69.9% during the 3rd quarter. Bleakley Financial Group LLC now owns 13,477 shares of the technology ETF’s stock valued at $501,000 after buying an additional 5,544 shares in the last quarter. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

Global X Future Analytics Tech ETF Price Performance

Shares of Global X Future Analytics Tech ETF stock traded up $0.23 during trading hours on Wednesday, reaching $41.63. The company had a trading volume of 455,502 shares, compared to its average volume of 745,364. Global X Future Analytics Tech ETF has a one year low of $30.85 and a one year high of $41.65. The firm has a market cap of $3.36 billion, a PE ratio of -244.79 and a beta of 1.13. The business has a fifty day simple moving average of $39.79 and a 200 day simple moving average of $37.56.

Global X Future Analytics Tech ETF Announces Dividend

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

About Global X Future Analytics Tech ETF

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