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

iShares Future AI & Tech ETF (NYSEARCA:ARTY) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 409,274 shares, a decline of 20.3% from the January 29th total of 513,327 shares. Based on an average trading volume of 632,231 shares, the short-interest ratio is presently 0.6 days. Currently, 0.9% of the company’s shares are short sold. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 632,231 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Shira Ridge Wealth Management acquired a new stake in shares of iShares Future AI & Tech ETF during the third quarter worth $755,000. Wealth Management Associates Inc. purchased a new position in iShares Future AI & Tech ETF in the 3rd quarter worth $918,000. TD Waterhouse Canada Inc. lifted its position in iShares Future AI & Tech ETF by 0.8% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 314,996 shares of the company’s stock worth $12,720,000 after acquiring an additional 2,588 shares during the period. CW Advisors LLC purchased a new stake in iShares Future AI & Tech ETF during the 2nd quarter valued at about $678,000. Finally, Osaic Holdings Inc. increased its holdings in shares of iShares Future AI & Tech ETF by 111.3% in the second quarter. Osaic Holdings Inc. now owns 230,740 shares of the company’s stock valued at $9,321,000 after purchasing an additional 121,546 shares during the period.

iShares Future AI & Tech ETF Trading Down 1.5%

iShares Future AI & Tech ETF stock opened at $51.01 on Monday. iShares Future AI & Tech ETF has a 12-month low of $26.31 and a 12-month high of $54.79. The firm has a 50-day moving average price of $50.65 and a 200-day moving average price of $47.95. The firm has a market capitalization of $2.22 billion, a PE 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.