Short Interest in iShares Future AI & Tech ETF (NYSEARCA:ARTY) Declines By 70.4%

by · The Cerbat Gem

iShares Future AI & Tech ETF (NYSEARCA:ARTY – Get Free Report) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 154,220 shares, a decrease of 70.4% from the December 31st total of 521,011 shares. Based on an average daily trading volume, of 504,862 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 504,862 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares Future AI & Tech ETF

Several large investors have recently bought and sold shares of ARTY. SOA Wealth Advisors LLC. lifted its position in iShares Future AI & Tech ETF by 269.4% during the third quarter. SOA Wealth Advisors LLC. now owns 543 shares of the company’s stock valued at $25,000 after buying an additional 396 shares during the period. MMA Asset Management LLC bought a new position in shares of iShares Future AI & Tech ETF during the third quarter valued at approximately $25,000. Total Investment Management Inc. purchased a new stake in shares of iShares Future AI & Tech ETF in the 2nd quarter worth $26,000. Heartwood Wealth Advisors LLC purchased a new position in iShares Future AI & Tech ETF in the third quarter valued at about $27,000. Finally, CoreCap Advisors LLC increased its stake in iShares Future AI & Tech ETF by 61.8% during the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock valued at $28,000 after purchasing an additional 218 shares in the last quarter.

iShares Future AI & Tech ETF Trading Down 3.4%

Shares of iShares Future AI & Tech ETF stock traded down $1.83 during trading on Friday, reaching $51.55. The stock had a trading volume of 592,661 shares, compared to its average volume of 507,080. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 32.81 and a beta of 1.20. The stock has a fifty day moving average price of $49.31 and a two-hundred day moving average price of $46.66. iShares Future AI & Tech ETF has a 52 week low of $26.31 and a 52 week high of $54.79.

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.

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