Short-term interest in ETF Global X Artificial Intelligence & Technology (NASDAQ:AIQ) has increased significantly
In August, there was a significant increase in the number of short positions in the ETF Global X Artificial Intelligence & Technology (NASDAQ: AIQ). As of August 15, 65,600 shares had been borrowed, an increase of 68.6% compared to the 38,900 shares borrowed the day before. The current short interest ratio is 2.6 days, with an average daily volume of 25,200 shares traded in the market. This is based on the fact that the market sells stocks both ways. The first day of trading for AIQ shares took place on Friday and took place at a price of $22.07. The simple moving average of the company’s stock price over the past fifty days is $22.06 and the simple moving average for the previous 200 days is $23.70. The cost of the Global X Artificial Intelligence & Technology ETF hit a low of $20.27 last year, while it hit a high of $33.45 from a year earlier.
The company also announced that it would distribute a dividend semi-annually, and the compensation was paid on July 8 this year. On June 30, a dividend payment of $0.06 was paid to investors who were documented as owners of a holding company. This property has been registered in the books of the company. The ex-dividend day for this payment was June 29, a Wednesday. This dividend was paid quarterly. The previous distribution of a semi-annual dividend paid by the Global X Artificial Intelligence & Technology ETF was $0.01, which is an increase from this amount. In the most recent period, several institutional investors have engaged in buying and selling transactions involving company shares. An amount of $275,000 was contributed to the Global X Artificial Intelligence & Technology ETF by Financial Engines Advisors, LLC during the last three months of 2018.
Cambridge Investment Research Advisors Inc. increased the proportion of its holdings in the Global X Artificial Intelligence & Technology Exchange Traded Fund by 2.3% in the first three months of 2018. As a direct result of the recent purchase of 929 additional shares of the tech ETF over the previous three months, the value of Cambridge Investment Research Advisors Inc.’s holdings in the tech ETF soared to a total of $1,130,000. Finally, Daiwa Securities Group Inc. increased the proportion of its holdings allocated to the Global X Artificial Intelligence & Technology ETF by 9.4% in the first three months of 2018. During the last fiscal quarter, Daiwa Securities Group Inc. .increased its holdings in the tech ETF by buying an additional 100,000 shares, bringing the total number of shares they hold to 1,163,079. The total value of those shares is $31,415,000. A combined 27.02% of the company’s shares are held by institutional investors such as hedge funds and other financial organizations. The exchange-traded fund focused on artificial intelligence and technology offered by Global X