Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Up 650.0% in December

Global X Alternative Income ETF (NASDAQ:ALTY) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,500 shares, an increase of 650.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 10,400 shares, the short-interest ratio is currently 0.1 days.

Global X Alternative Income ETF Trading Up 0.1 %

Shares of Global X Alternative Income ETF stock opened at $11.53 on Tuesday. The company has a market cap of $32.51 million, a P/E ratio of 15.21 and a beta of 0.99. The business has a 50-day moving average price of $11.85 and a two-hundred day moving average price of $11.78. Global X Alternative Income ETF has a 1-year low of $10.95 and a 1-year high of $12.19.

Global X Alternative Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.1495 dividend. The ex-dividend date of this dividend was Monday, December 30th. This is a positive change from Global X Alternative Income ETF’s previous dividend of $0.09.

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.