KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Short Interest Update

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 180,746 shares, an increase of 122.6% from the June 30th total of 81,180 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average trading volume of 171,706 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of KraneShares Artificial Intelligence and Technology ETF

Large investors have recently made changes to their positions in the company. ORG Partners LLC purchased a new position in KraneShares Artificial Intelligence and Technology ETF in the fourth quarter worth approximately $36,000. Resolute Wealth Strategies LLC increased its position in shares of KraneShares Artificial Intelligence and Technology ETF by 57.8% in the 1st quarter. Resolute Wealth Strategies LLC now owns 9,799 shares of the company’s stock valued at $321,000 after purchasing an additional 3,590 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the 2nd quarter valued at $220,000. Ankerstar Wealth LLC acquired a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the 4th quarter valued at $184,000. Finally, Advisory Services Network LLC purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the 3rd quarter worth $206,000.

KraneShares Artificial Intelligence and Technology ETF Trading Up 0.2%

KraneShares Artificial Intelligence and Technology ETF stock opened at $41.82 on Tuesday. The firm has a market capitalization of $704.67 million, a P/E ratio of 36.18 and a beta of 1.93. KraneShares Artificial Intelligence and Technology ETF has a twelve month low of $30.89 and a twelve month high of $49.67. The stock’s fifty day simple moving average is $45.29 and its 200-day simple moving average is $39.41.

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.