ETF Global X Artificial Intelligence & Technology (NASDAQ:AIQ) sees significant increase in short-term interest

The Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Rating) saw a surge in short-term interest during August. As of August 15, there was short interest totaling 65,600 shares, an increase of 68.6% from the total of 38,900 shares as of July 31. Based on an average daily volume of 25,200 shares, the short interest ratio is currently 2.6 days.
Global X Artificial Intelligence & Technology ETF Share Performance
AIQ shares opened at $22.07 on Friday. The company’s fifty-day simple moving average is $22.06 and its 200-day simple moving average is $23.70. The Global X Artificial Intelligence & Technology ETF has a 12-month low of $20.27 and a 12-month high of $33.45.
Global X Artificial Intelligence & Technology ETF increases its dividend
The company also recently declared a semi-annual dividend, which was paid on Friday, July 8. Shareholders of record on Thursday, June 30 received a dividend of $0.056. The ex-dividend date was Wednesday, June 29. This is a boost from Global X Artificial Intelligence & Technology ETF’s previous semi-annual dividend of $0.01.
Global X Artificial Intelligence & Technology ETF Institutional Trading
A number of institutional investors have recently bought and sold shares of the company. Financial Engines Advisors LLC acquired a new stock position in Global X Artificial Intelligence & Technology ETF in Q4 worth $275,000. Cambridge Investment Research Advisors Inc. raised its position in the Global X Artificial Intelligence & Technology ETF by 2.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 41,834 shares of the technology ETF worth $1,130,000 after acquiring 929 additional shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in Global X Artificial Intelligence & Technology ETF by 9.4% in the first quarter. Daiwa Securities Group Inc. now owns 1,163,079 shares of the technology ETF worth $31,415,000 after acquiring an additional 100,000 shares in the last quarter. 27.02% of the shares are held by hedge funds and other institutional investors.
Global X Artificial Intelligence and Technology ETF Company Profile
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ETF Global X Artificial Intelligence & Technology
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