iShares Future AI & Tech ETF (NYSEARCA:ARTY) Short Interest Down 61.7% in June

by · The Cerbat Gem

iShares Future AI & Tech ETF (NYSEARCA:ARTY – Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 254,814 shares, a drop of 61.7% from the May 31st total of 664,654 shares. Based on an average trading volume of 1,243,605 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the company’s stock are short sold.

iShares Future AI & Tech ETF Stock Up 2.8%

ARTY traded up $2.05 on Tuesday, reaching $76.16. The company had a trading volume of 690,585 shares, compared to its average volume of 730,056. iShares Future AI & Tech ETF has a 1 year low of $39.97 and a 1 year high of $81.85. The stock has a market capitalization of $3.52 billion, a PE ratio of 32.81 and a beta of 1.50. The stock has a 50-day moving average price of $70.03 and a 200-day moving average price of $57.12.

Institutional Trading of iShares Future AI & Tech ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Nemes Rush Group LLC grew its stake in iShares Future AI & Tech ETF by 333.3% during the 4th quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock worth $26,000 after buying an additional 410 shares during the last quarter. CoreCap Advisors LLC lifted its stake in iShares Future AI & Tech ETF by 61.8% in the fourth quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock valued at $28,000 after buying an additional 218 shares during the last quarter. Saranac Partners Ltd purchased a new stake in iShares Future AI & Tech ETF in the third quarter valued at approximately $33,000. Blue Trust Inc. boosted its holdings in shares of iShares Future AI & Tech ETF by 43.3% in the first quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $34,000 after acquiring an additional 219 shares during the period. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of iShares Future AI & Tech ETF by 73.2% in the third quarter. Aptus Capital Advisors LLC now owns 776 shares of the company’s stock valued at $36,000 after acquiring an additional 328 shares during the period.

iShares Future AI & Tech ETF Company Profile

(Get Free Report)

The iShares Future AI & Tech ETF (ARTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a concentrated index of global companies that provide products and services that are expected to contribute to artificial intelligence technologies. Holdings are selected and weighted based on a modified market-cap. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.

Recommended Stories