Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Update

Global X Alternative Income ETF (NASDAQ:ALTY) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,100 shares, a decrease of 76.6% from the October 15th total of 4,700 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is presently 0.1 days.

Global X Alternative Income ETF Trading Up 0.1 %

NASDAQ:ALTY traded up $0.01 during mid-day trading on Tuesday, hitting $12.04. The stock had a trading volume of 1,930 shares, compared to its average volume of 10,450. Global X Alternative Income ETF has a twelve month low of $10.63 and a twelve month high of $12.12. The stock has a 50-day simple moving average of $11.93 and a two-hundred day simple moving average of $11.62. The company has a market capitalization of $34.68 million, a PE ratio of 15.21 and a beta of 0.99.

Global X Alternative Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 13th. Investors of record on Tuesday, November 5th will be issued a $0.073 dividend. This represents a $0.88 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Tuesday, November 5th.

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.