Global X Future Analytics Tech ETF (NASDAQ:AIQ) Short Interest Update

Posted by ABMN Staff on Nov 17th, 2024

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 777,700 shares, a growth of 16.0% from the October 15th total of 670,200 shares. Based on an average daily trading volume, of 285,500 shares, the short-interest ratio is presently 2.7 days.

Global X Future Analytics Tech ETF Stock Performance

AIQ opened at $37.73 on Friday. The stock’s 50 day moving average price is $37.04 and its 200-day moving average price is $35.52. Global X Future Analytics Tech ETF has a one year low of $28.94 and a one year high of $39.16. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of -221.94 and a beta of 1.13.

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several hedge funds have recently bought and sold shares of AIQ. LPL Financial LLC grew its stake in Global X Future Analytics Tech ETF by 25.2% in the 2nd quarter. LPL Financial LLC now owns 2,027,885 shares of the technology ETF’s stock worth $72,254,000 after acquiring an additional 407,981 shares in the last quarter. Bank of Montreal Can purchased a new stake in shares of Global X Future Analytics Tech ETF in the third quarter valued at approximately $52,274,000. Wealth Enhancement Advisory Services LLC grew its stake in Global X Future Analytics Tech ETF by 6.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 758,189 shares of the technology ETF’s stock worth $28,182,000 after purchasing an additional 42,661 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Global X Future Analytics Tech ETF by 118.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 579,410 shares of the technology ETF’s stock worth $20,644,000 after purchasing an additional 313,914 shares during the period. Finally, Valley Wealth Managers Inc. increased its holdings in Global X Future Analytics Tech ETF by 0.7% during the 3rd quarter. Valley Wealth Managers Inc. now owns 552,990 shares of the technology ETF’s stock worth $20,555,000 after purchasing an additional 4,015 shares during the period. Institutional investors own 27.02% of the company’s stock.