Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Short Interest Update

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Rating) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 65,600 shares, a growth of 68.6% from the July 31st total of 38,900 shares. Based on an average trading volume of 25,200 shares, the short-interest ratio is currently 2.6 days.

Global X Artificial Intelligence & Technology ETF Price Performance

NASDAQ:AIQ opened at $22.07 on Friday. Global X Artificial Intelligence & Technology ETF has a 12-month low of $20.27 and a 12-month high of $33.45. The stock’s 50 day simple moving average is $22.06 and its 200-day simple moving average is $23.70.

Global X Artificial Intelligence & Technology ETF Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Friday, July 8th. Shareholders of record on Thursday, June 30th were given a dividend of $0.056 per share. The ex-dividend date of this dividend was Wednesday, June 29th. This is an increase from Global X Artificial Intelligence & Technology ETF’s previous Semi-Annual dividend of $0.01.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Several hedge funds have recently made changes to their positions in AIQ. Financial Engines Advisors L.L.C. acquired a new position in Global X Artificial Intelligence & Technology ETF during the 4th quarter worth approximately $275,000. Daiwa Securities Group Inc. grew its holdings in Global X Artificial Intelligence & Technology ETF by 9.4% during the first quarter. Daiwa Securities Group Inc. now owns 1,163,079 shares of the technology ETF’s stock worth $31,415,000 after acquiring an additional 100,000 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Global X Artificial Intelligence & Technology ETF by 2.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 41,834 shares of the technology ETF’s stock worth $1,130,000 after purchasing an additional 929 shares during the period. Institutional investors and hedge funds own 27.02% of the company’s stock.