Global X Future Analytics Tech ETF (NASDAQ:AIQ) Short Interest Down 79.1% in February

Global X Future Analytics Tech ETF (NASDAQ:AIQ) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 299,400 shares, a decline of 79.1% from the January 31st total of 1,430,000 shares. Based on an average daily volume of 655,500 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several hedge funds have recently made changes to their positions in the business. Proficio Capital Partners LLC grew its stake in shares of Global X Future Analytics Tech ETF by 2,295.9% in the 4th quarter. Proficio Capital Partners LLC now owns 10,034,103 shares of the technology ETF’s stock worth $387,718,000 after purchasing an additional 9,615,293 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Global X Future Analytics Tech ETF by 26.5% in the 4th quarter. Bank of America Corp DE now owns 6,742,972 shares of the technology ETF’s stock worth $260,548,000 after purchasing an additional 1,411,954 shares during the last quarter. LPL Financial LLC grew its stake in shares of Global X Future Analytics Tech ETF by 12.6% in the 4th quarter. LPL Financial LLC now owns 2,161,315 shares of the technology ETF’s stock worth $83,513,000 after purchasing an additional 241,039 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Global X Future Analytics Tech ETF by 1.1% in the 4th quarter. Bank of Montreal Can now owns 1,419,331 shares of the technology ETF’s stock worth $54,843,000 after purchasing an additional 15,257 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Global X Future Analytics Tech ETF by 14.0% in the 4th quarter. JPMorgan Chase & Co. now owns 1,119,815 shares of the technology ETF’s stock worth $43,270,000 after purchasing an additional 137,850 shares during the last quarter. Institutional investors and hedge funds own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Price Performance

Shares of AIQ opened at $38.93 on Friday. The firm’s 50 day moving average is $40.12 and its 200-day moving average is $38.17. The stock has a market capitalization of $3.14 billion, a P/E ratio of -229.00 and a beta of 1.13. Global X Future Analytics Tech ETF has a 12-month low of $30.85 and a 12-month high of $42.78.

Global X Future Analytics Tech ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders 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 currently -29.41%.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF