Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,431,292 shares, an increase of 63.3% from the September 30th total of 876,723 shares. Based on an average trading volume of 1,750,477 shares, the days-to-cover ratio is currently 0.8 days. Approximately 4.3% of the company’s shares are short sold.
Defiance AI and Power Infrastructure ETF Trading Up 4.3%
Defiance AI and Power Infrastructure ETF stock opened at $25.26 on Wednesday. Defiance AI and Power Infrastructure ETF has a 12-month low of $20.65 and a 12-month high of $34.79. The firm has a 50-day moving average price of $27.62 and a 200-day moving average price of $29.04. The firm has a market capitalization of $843.18 million, a PE ratio of 30.08 and a beta of 1.98.
Institutional Trading of Defiance AI and Power Infrastructure ETF
Institutional investors have recently added to or reduced their stakes in the company. Arlington Trust Co LLC bought a new position in shares of Defiance AI and Power Infrastructure ETF during the second quarter valued at approximately $27,000. Parallel Advisors LLC raised its holdings in shares of Defiance AI and Power Infrastructure ETF by 1.3% in the third quarter. Parallel Advisors LLC now owns 88,164 shares of the company’s stock worth $2,486,000 after buying an additional 1,100 shares during the period. Markowski Investments purchased a new stake in shares of Defiance AI and Power Infrastructure ETF in the second quarter worth approximately $72,000. Compass Financial Management LLC lifted its stake in shares of Defiance AI and Power Infrastructure ETF by 467.8% during the 3rd quarter. Compass Financial Management LLC now owns 2,839 shares of the company’s stock worth $80,000 after acquiring an additional 2,339 shares during the last quarter. Finally, Westwind Capital lifted its stake in shares of Defiance AI and Power Infrastructure ETF by 12.8% during the 3rd quarter. Westwind Capital now owns 86,536 shares of the company’s stock worth $2,440,000 after acquiring an additional 9,818 shares during the last quarter.
About Defiance AI and Power Infrastructure ETF
Defiance AI & Power Infrastructure ETF (NASDAQ: AIPO) is a thematic exchange-traded fund offered by Defiance ETFs that seeks to provide investors with exposure to companies operating at the intersection of artificial intelligence and power infrastructure. The fund targets firms involved in the development, production and deployment of AI technologies alongside businesses that design, build or operate electric power systems and related infrastructure.
Holdings typically span technology and industrial sectors, including companies that supply AI hardware and software, semiconductors and data-center infrastructure, as well as utilities, grid modernization firms, renewable energy developers and companies focused on transmission, distribution and energy storage.
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