Global X Alternative Income ETF (NASDAQ:ALTY) Sees Large Increase in Short Interest

Global X Alternative Income ETF (NASDAQ:ALTY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 1,500 shares, a growth of 650.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 10,400 shares, the short-interest ratio is currently 0.1 days.

Global X Alternative Income ETF Stock Performance

NASDAQ ALTY opened at $11.90 on Wednesday. The business has a fifty day moving average price of $11.84 and a 200 day moving average price of $11.82. Global X Alternative Income ETF has a one year low of $10.95 and a one year high of $12.19. The company has a market cap of $33.56 million, a P/E ratio of 15.21 and a beta of 0.99.

Global X Alternative Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.1495 dividend. This is an increase from Global X Alternative Income ETF’s previous dividend of $0.09. The ex-dividend date was Monday, December 30th.

Global X Alternative Income ETF Company Profile

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.