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

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 12,800 shares, a decline of 85.3% from the June 15th total of 87,021 shares. Approximately 0.4% of the company’s shares 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 Stock Performance

Shares of XAIX traded down $0.50 during mid-day trading on Friday, hitting $55.68. 24,435 shares of the company’s stock were exchanged, compared to its average volume of 25,173. The stock’s 50-day moving average is $55.33 and its 200-day moving average is $47.25. Xtrackers Artificial Intelligence and Big Data ETF has a fifty-two week low of $37.67 and a fifty-two week high of $61.10. The company has a market cap of $166.48 million, a price-to-earnings ratio of 24.06 and a beta of 1.72.

Xtrackers Artificial Intelligence and Big Data ETF Dividend Announcement

The firm also recently announced 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 of this dividend was Thursday, June 18th.

Xtrackers Artificial Intelligence and Big Data ETF Company Profile

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.