Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Up 150.0% in September

Global X Alternative Income ETF (NASDAQ:ALTY) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 500 shares, an increase of 150.0% from the August 31st total of 200 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is currently 0.1 days.

Global X Alternative Income ETF Price Performance

Shares of Global X Alternative Income ETF stock traded up $0.05 during trading on Friday, hitting $12.09. The stock had a trading volume of 895 shares, compared to its average volume of 10,381. Global X Alternative Income ETF has a 12 month low of $10.31 and a 12 month high of $12.12. The firm’s fifty day simple moving average is $11.72 and its 200-day simple moving average is $11.49. The stock has a market cap of $35.54 million, a PE ratio of 15.21 and a beta of 0.99.

Global X Alternative Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, September 5th were given a dividend of $0.071 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.85 annualized dividend and a dividend yield of 7.05%.

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.