In August, there was a significant rise in the number of short positions on the Global X Artificial Intelligence & Technology ETF (NASDAQ: AIQ). As of August 15, 65,600 shares had been borrowed, representing a 68.6% rise over the 38,900 shares that had been borrowed the day before. The current short-interest ratio is 2.6 days, with an average daily volume of 25,200 shares trading hands in the market. That is based on the fact that the market sells shares back and forth. The first day of trading for AIQ shares was on Friday, and it took place for $22.07. The simple moving average of the company’s stock price over the last fifty days is $22.06, and the simple moving average over 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 reached a high of $33.45 over the previous year.
The firm also announced that it would distribute a dividend semi-annually, and the compensation was paid out on July 8 of this year. On June 30, a dividend payment of $0.06 was issued to investors who were documented as holding company ownership. This ownership was recorded on the books of the corporation. The ex-dividend day for this payment was on June 29, a Wednesday. This dividend was paid out every quarter. The previous distribution of a semi-annual dividend paid by the Global X Artificial Intelligence & Technology ETF was $0.01, representing an increase from that amount. During the most recent period, several institutional investors engaged in purchasing and selling transactions involving company shares. A $275,000 was made to the Global X Artificial Intelligence & Technology ETF by Financial Engines Advisors, L.L.C. during the final three months of the year 2018.
Cambridge Investment Research Advisors Inc. raised the proportion of its holdings in the Global X Artificial Intelligence & Technology Exchange Traded Fund by 2.3% over the first three months of 2018. As a direct result of the recent purchase of 929 extra shares of the technology ETF over the preceding three months, the value of the holdings Cambridge Investment Research Advisors Inc. has in the technology ETF has climbed 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 percent during the first three months of 2018. In the most recent fiscal quarter, Daiwa Securities Group Inc. increased its holdings in the technology ETF by purchasing an extra 100,000 shares, bringing the total number of shares they own to 1,163,079. The total value of these shares comes to $31,415,000. A combined total of 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