Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Sees Large Increase in Short Interest

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 69,008 shares, a growth of 202.2% from the May 14th total of 22,838 shares. Approximately 2.6% of the company’s shares are sold short. Based on an average daily volume of 28,714 shares, the days-to-cover ratio is currently 2.4 days.

Xtrackers Artificial Intelligence and Big Data ETF Stock Performance

NASDAQ:XAIX opened at $55.98 on Friday. The stock has a market capitalization of $146.11 million, a P/E ratio of 24.06 and a beta of 1.72. The company has a 50 day moving average price of $50.20 and a 200 day moving average price of $45.20. Xtrackers Artificial Intelligence and Big Data ETF has a fifty-two week low of $36.20 and a fifty-two week high of $61.10.

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.