Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Short Interest Down 85.3% in June

by · The Markets Daily

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 12,800 shares, a decrease of 85.3% from the June 15th total of 87,021 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 45,910 shares, the days-to-cover ratio is presently 0.3 days.

Xtrackers Artificial Intelligence and Big Data ETF Price Performance

Shares of XAIX traded down $1.88 during mid-day trading on Monday, reaching $53.80. 44,293 shares of the company’s stock were exchanged, compared to its average volume of 25,319. The business’s fifty day simple moving average is $55.45 and its 200-day simple moving average is $47.36. The stock has a market capitalization of $160.86 million, a PE ratio of 24.06 and a beta of 1.72. Xtrackers Artificial Intelligence and Big Data ETF has a 52-week low of $37.67 and a 52-week high of $61.10.

Xtrackers Artificial Intelligence and Big Data ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 18th were paid a dividend of $0.0982 per share. The ex-dividend date was Thursday, June 18th.

About Xtrackers Artificial Intelligence and Big Data ETF

(Get Free Report)

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.

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