VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 357,970 shares, a decrease of 50.2% from the July 15th total of 718,497 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average daily trading volume, of 613,689 shares, the days-to-cover ratio is presently 0.6 days.
VistaShares Artificial Intelligence Supercycle ETF Trading Up 1.2%
Shares of AIS stock traded up $0.87 during trading hours on Friday, hitting $72.97. 271,255 shares of the company were exchanged, compared to its average volume of 401,399. The company has a market capitalization of $948.61 million, a PE ratio of -1,042.43 and a beta of 3.08. VistaShares Artificial Intelligence Supercycle ETF has a 52 week low of $28.34 and a 52 week high of $88.79. The business has a 50 day moving average of $73.38 and a two-hundred day moving average of $60.02.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Sankala Group LLC bought a new stake in VistaShares Artificial Intelligence Supercycle ETF in the 4th quarter valued at approximately $65,000. Berbice Capital Management LLC boosted its holdings in VistaShares Artificial Intelligence Supercycle ETF by 136.4% during the fourth quarter. Berbice Capital Management LLC now owns 2,600 shares of the company’s stock worth $98,000 after purchasing an additional 1,500 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in VistaShares Artificial Intelligence Supercycle ETF by 62.1% during the fourth quarter. Farther Finance Advisors LLC now owns 3,293 shares of the company’s stock worth $124,000 after purchasing an additional 1,262 shares during the last quarter. Creative Financial Designs Inc. ADV bought a new position in VistaShares Artificial Intelligence Supercycle ETF in the fourth quarter valued at $151,000. Finally, Beck Capital Management LLC grew its position in VistaShares Artificial Intelligence Supercycle ETF by 7.2% in the fourth quarter. Beck Capital Management LLC now owns 6,991 shares of the company’s stock valued at $264,000 after purchasing an additional 470 shares in the last quarter. 39.67% of the stock is owned by institutional investors and hedge funds.
About VistaShares Artificial Intelligence Supercycle ETF
The VistaShares Artificial Intelligence Supercycle ETF (AIS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, using an underlying index to identify and weight global AI companies in an investment portfolio. Companies may span in size, selection is based on thematic relevance and liquidity. AIS was launched on Oct 1, 2024 and is issued by VistaShares.
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