WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Short Interest Update

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 523,477 shares, an increase of 190.8% from the June 30th total of 180,003 shares. Approximately 6.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 485,097 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of WisdomTree Artificial Intelligence and Innovation Fund

A number of large investors have recently made changes to their positions in WTAI. Sherman Asset Management Inc. raised its stake in WisdomTree Artificial Intelligence and Innovation Fund by 141.7% in the 1st quarter. Sherman Asset Management Inc. now owns 1,675 shares of the company’s stock valued at $47,000 after purchasing an additional 982 shares during the last quarter. Team Financial Group LLC purchased a new position in WisdomTree Artificial Intelligence and Innovation Fund in the 1st quarter valued at about $47,000. Private Trust Co. NA boosted its stake in shares of WisdomTree Artificial Intelligence and Innovation Fund by 1,017.9% during the 4th quarter. Private Trust Co. NA now owns 1,621 shares of the company’s stock worth $47,000 after purchasing an additional 1,476 shares during the last quarter. Berbice Capital Management LLC acquired a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund during the 4th quarter worth about $51,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of WisdomTree Artificial Intelligence and Innovation Fund by 62.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,957 shares of the company’s stock worth $86,000 after buying an additional 1,133 shares in the last quarter.

WisdomTree Artificial Intelligence and Innovation Fund Stock Performance

WisdomTree Artificial Intelligence and Innovation Fund stock opened at $38.19 on Tuesday. WisdomTree Artificial Intelligence and Innovation Fund has a fifty-two week low of $24.40 and a fifty-two week high of $48.89. The company has a market capitalization of $328.43 million, a price-to-earnings ratio of 25.61 and a beta of 1.43. The stock has a fifty day moving average of $43.36 and a two-hundred day moving average of $35.72.

About WisdomTree Artificial Intelligence and Innovation Fund

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee. WTAI was launched on Dec 9, 2021 and is managed by WisdomTree.