Global X Alternative Income ETF (NASDAQ:ALTY – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 4,200 shares, a decline of 52.3% from the June 15th total of 8,800 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is currently 0.4 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of ALTY. Eudaimonia Partners LLC lifted its stake in shares of Global X Alternative Income ETF by 16.6% in the first quarter. Eudaimonia Partners LLC now owns 71,393 shares of the company’s stock worth $823,000 after acquiring an additional 10,166 shares in the last quarter. Eudaimonia Advisors LLC raised its stake in Global X Alternative Income ETF by 3.6% during the first quarter. Eudaimonia Advisors LLC now owns 43,656 shares of the company’s stock valued at $504,000 after buying an additional 1,510 shares in the last quarter. Finally, Kovack Advisors Inc. raised its stake in Global X Alternative Income ETF by 18.1% during the fourth quarter. Kovack Advisors Inc. now owns 21,522 shares of the company’s stock valued at $243,000 after buying an additional 3,294 shares in the last quarter.
Global X Alternative Income ETF Trading Up 0.3 %
ALTY stock opened at $11.61 on Friday. The stock has a 50-day moving average price of $11.36 and a two-hundred day moving average price of $11.33. Global X Alternative Income ETF has a 12-month low of $10.31 and a 12-month high of $11.65. The company has a market cap of $34.82 million, a PE ratio of 15.21 and a beta of 0.99.
Global X Alternative Income ETF Dividend Announcement
About Global X Alternative Income ETF
The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.
Featured Articles
- Five stocks we like better than Global X Alternative Income ETF
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Top 3 Beverage Stocks: Summer Earnings Reveal Key Trends
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- This Financial Stock’s Earnings Signal a Buying Opportunity
- Retail Stocks Investing, Explained
- Social Platform Stock Hits New Highs: Is More Growth Ahead?
Receive News & Ratings for Global X Alternative Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Alternative Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.