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

Global X Alternative Income ETF (NASDAQ:ALTY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 200 shares, a decline of 94.7% from the November 30th total of 3,800 shares. Based on an average trading volume of 11,100 shares, the short-interest ratio is currently 0.0 days.

Global X Alternative Income ETF Stock Performance

Shares of ALTY stock opened at $11.72 on Friday. The firm has a market capitalization of $33.75 million, a PE ratio of 15.21 and a beta of 0.99. Global X Alternative Income ETF has a 1 year low of $10.95 and a 1 year high of $12.19. The stock has a fifty day moving average of $11.91 and a two-hundred day moving average of $11.75.

Global X Alternative Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 13th. Investors of record on Tuesday, November 5th were given a $0.073 dividend. The ex-dividend date was Tuesday, November 5th. This represents a $0.88 dividend on an annualized basis and a yield of 7.47%.

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.