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

iShares Future AI & Tech ETF (NYSEARCA:ARTYGet Free Report) was the recipient of a significant 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. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,243,605 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares Future AI & Tech ETF

A number of large investors have recently made changes to their positions in ARTY. Nemes Rush Group LLC lifted its position in iShares Future AI & Tech ETF by 333.3% during the fourth quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock worth $26,000 after buying an additional 410 shares in the last quarter. CoreCap Advisors LLC grew its stake in shares of iShares Future AI & Tech ETF by 61.8% in the 4th 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 period. Saranac Partners Ltd acquired a new stake in shares of iShares Future AI & Tech ETF during the 3rd quarter worth approximately $33,000. Blue Trust Inc. raised its position in shares of iShares Future AI & Tech ETF by 43.3% during the 1st quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $34,000 after buying an additional 219 shares during the period. Finally, Aptus Capital Advisors LLC lifted its holdings in 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 last quarter.

iShares Future AI & Tech ETF Price Performance

ARTY traded up $1.64 on Monday, reaching $73.92. 394,314 shares of the company’s stock were exchanged, compared to its average volume of 727,840. iShares Future AI & Tech ETF has a twelve month low of $39.97 and a twelve month high of $81.85. The stock has a market cap of $3.42 billion, a PE ratio of 32.81 and a beta of 1.50. The stock’s fifty day moving average price is $69.35 and its 200-day moving average price is $56.76.

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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