Short Interest in KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Rises By 355.4%

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 25,476 shares, a growth of 355.4% from the January 15th total of 5,594 shares. Based on an average daily trading volume, of 111,345 shares, the short-interest ratio is presently 0.2 days. Approximately 0.6% of the company’s shares are sold short. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 111,345 shares, the short-interest ratio is presently 0.2 days.

KraneShares Artificial Intelligence and Technology ETF Stock Down 0.3%

Shares of KraneShares Artificial Intelligence and Technology ETF stock opened at $35.04 on Wednesday. The business has a 50 day moving average of $36.26 and a 200 day moving average of $35.85. KraneShares Artificial Intelligence and Technology ETF has a 52 week low of $20.82 and a 52 week high of $40.01. The company has a market cap of $154.18 million, a PE ratio of 36.18 and a beta of 1.77.

KraneShares Artificial Intelligence and Technology ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were paid a dividend of $0.4377 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a dividend yield of 119.0%.

Hedge Funds Weigh In On KraneShares Artificial Intelligence and Technology ETF

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in KraneShares Artificial Intelligence and Technology ETF by 43.1% in the first quarter. Jane Street Group LLC now owns 42,715 shares of the company’s stock worth $1,048,000 after buying an additional 12,867 shares during the period. Private Advisor Group LLC bought a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the 3rd quarter worth approximately $253,000. Susquehanna International Group LLP purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF in the 3rd quarter valued at approximately $17,766,000. Advisory Services Network LLC bought a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the third quarter valued at approximately $206,000. Finally, Mainstay Capital Management LLC ADV purchased a new stake in KraneShares Artificial Intelligence and Technology ETF in the third quarter worth $503,000.

KraneShares Artificial Intelligence and Technology ETF Company Profile

The KraneShares Artificial Intelligence & Technology ETF (AGIX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses an index as a guide to select stocks globally that are involved in developing and applying artificial intelligence technologies. The fund has the ability to invest in both listed and private AI companies AGIX was launched on Jul 18, 2024 and is issued by KraneShares.