Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Sees Large Increase in Short Interest

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 25,713 shares, a growth of 89.8% from the September 15th total of 13,544 shares. Based on an average daily trading volume, of 34,922 shares, the short-interest ratio is presently 0.7 days. Currently, 0.9% of the shares of the company are sold short.

Xtrackers Artificial Intelligence and Big Data ETF Price Performance

Shares of XAIX stock opened at $57.41 on Friday. The company’s fifty day simple moving average is $57.61 and its two-hundred day simple moving average is $53.99. Xtrackers Artificial Intelligence and Big Data ETF has a 1 year low of $38.33 and a 1 year high of $61.10. The stock has a market capitalization of $159.01 million, a price-to-earnings ratio of 24.06 and a beta of 1.75.

About Xtrackers Artificial Intelligence and Big Data ETF

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.