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

Global X Alternative Income ETF (NASDAQ:ALTY) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 200 shares, a decrease 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 presently 0.0 days.

Global X Alternative Income ETF Price Performance

NASDAQ ALTY traded down $0.02 on Friday, hitting $11.72. The stock had a trading volume of 4,341 shares, compared to its average volume of 10,600. The business’s fifty day moving average price is $11.91 and its 200 day moving average price is $11.75. The stock has a market cap of $33.75 million, a price-to-earnings ratio of 15.21 and a beta of 0.99. Global X Alternative Income ETF has a 52-week low of $10.95 and a 52-week high of $12.19.

Global X Alternative Income ETF Cuts Dividend

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

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.