Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO – Get Free Report) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 9,496 shares, a decline of 61.8% from the July 15th total of 24,829 shares. Based on an average daily volume of 76,898 shares, the short-interest ratio is currently 0.1 days.
Institutional Trading of Virtus Artificial Intelligence & Technology Opportunities Fund
A number of large investors have recently bought and sold shares of AIO. Bank of America Corp DE lifted its stake in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 11.1% in the 3rd quarter. Bank of America Corp DE now owns 839,642 shares of the company’s stock valued at $20,177,000 after purchasing an additional 84,015 shares during the period. UBS Group AG increased its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 6.6% in the third quarter. UBS Group AG now owns 477,626 shares of the company’s stock worth $11,477,000 after purchasing an additional 29,408 shares in the last quarter. Royal Bank of Canada increased its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 25.9% in the fourth quarter. Royal Bank of Canada now owns 427,602 shares of the company’s stock worth $9,300,000 after purchasing an additional 88,080 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 369,920 shares of the company’s stock valued at $8,890,000 after buying an additional 79,378 shares during the period. Finally, Saba Capital Management L.P. acquired a new position in Virtus Artificial Intelligence & Technology Opportunities Fund in the first quarter valued at approximately $5,220,000.
Virtus Artificial Intelligence & Technology Opportunities Fund Trading Down 0.6%
Shares of AIO traded down $0.17 during trading hours on Friday, hitting $26.58. 43,369 shares of the stock were exchanged, compared to its average volume of 92,551. Virtus Artificial Intelligence & Technology Opportunities Fund has a fifty-two week low of $20.91 and a fifty-two week high of $28.60. The business has a 50-day moving average of $26.59 and a 200-day moving average of $24.67.
Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Announcement
Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile
The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) is a non-diversified, closed-end management investment company designed to provide shareholders with exposure to companies that derive a significant portion of their revenues from the development or use of artificial intelligence and related technologies. The Fund seeks to achieve long-term capital appreciation by identifying businesses that are positioned to benefit from ongoing advancements in AI, machine learning, robotics, data analytics, cloud computing, and semiconductor manufacturing.
Investment selections are made through a fundamental research process that emphasizes both thematic expertise and company-specific analysis.
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