Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Up 172.7% in November

Global X Alternative Income ETF (NASDAQ:ALTY) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 3,000 shares, an increase of 172.7% from the October 31st total of 1,100 shares. Based on an average trading volume of 10,400 shares, the short-interest ratio is currently 0.3 days.

Global X Alternative Income ETF Price Performance

Global X Alternative Income ETF stock traded up $0.04 during trading hours on Friday, hitting $12.13. The company had a trading volume of 31,729 shares, compared to its average volume of 10,710. The firm’s fifty day moving average is $11.96 and its 200-day moving average is $11.68. The firm has a market capitalization of $34.93 million, a P/E ratio of 15.21 and a beta of 0.99. Global X Alternative Income ETF has a fifty-two week low of $10.95 and a fifty-two week high of $12.19.

Global X Alternative Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Tuesday, November 5th were paid a $0.073 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.22%. The ex-dividend date was 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.