iShares Future AI & Tech ETF (NYSEARCA:ARTY) Short Interest Update

iShares Future AI & Tech ETF (NYSEARCA:ARTY) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 646,474 shares, an increase of 208.7% from the November 30th total of 209,405 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 385,340 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily volume of 385,340 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.6% of the company’s shares are short sold.

Institutional Trading of iShares Future AI & Tech ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. SOA Wealth Advisors LLC. raised its position in iShares Future AI & Tech ETF by 269.4% in the 3rd 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 last quarter. MMA Asset Management LLC bought a new position in shares of iShares Future AI & Tech ETF during the 3rd quarter worth approximately $25,000. Total Investment Management Inc. acquired a new stake in shares of iShares Future AI & Tech ETF in the second quarter valued at approximately $26,000. Heartwood Wealth Advisors LLC acquired a new position in iShares Future AI & Tech ETF during the third quarter worth $27,000. Finally, Howe & Rusling Inc. boosted its holdings in iShares Future AI & Tech ETF by 525.0% during the third quarter. Howe & Rusling Inc. now owns 625 shares of the company’s stock worth $29,000 after purchasing an additional 525 shares during the last quarter.

iShares Future AI & Tech ETF Stock Up 0.2%

Shares of iShares Future AI & Tech ETF stock traded up $0.09 during trading on Friday, reaching $48.60. 125,329 shares of the company were exchanged, compared to its average volume of 413,427. iShares Future AI & Tech ETF has a twelve month low of $26.31 and a twelve month high of $51.79. The business has a 50-day moving average price of $48.20 and a 200-day moving average price of $44.76. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 32.81 and a beta of 1.20.

About iShares Future AI & Tech ETF

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.