iShares Future AI & Tech ETF (NYSEARCA:ARTY) Short Interest Update

iShares Future AI & Tech ETF (NYSEARCA:ARTY) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 245,721 shares, a decrease of 40.0% from the February 12th total of 409,274 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 396,273 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 396,273 shares, the short-interest ratio is currently 0.6 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Future AI & Tech ETF

Several institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC increased its holdings in shares of iShares Future AI & Tech ETF by 61.8% during the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock valued at $28,000 after purchasing an additional 218 shares in the last quarter. AdvisorNet Financial Inc boosted its holdings in iShares Future AI & Tech ETF by 34.5% during the third quarter. AdvisorNet Financial Inc now owns 936 shares of the company’s stock worth $43,000 after buying an additional 240 shares in the last quarter. WCG Wealth Advisors LLC grew its position in iShares Future AI & Tech ETF by 2.1% during the third quarter. WCG Wealth Advisors LLC now owns 12,156 shares of the company’s stock valued at $557,000 after buying an additional 248 shares during the period. CX Institutional grew its position in iShares Future AI & Tech ETF by 1.5% during the third quarter. CX Institutional now owns 17,186 shares of the company’s stock valued at $787,000 after buying an additional 261 shares during the period. Finally, Federation des caisses Desjardins du Quebec increased its holdings in iShares Future AI & Tech ETF by 5.8% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,000 shares of the company’s stock valued at $241,000 after buying an additional 272 shares in the last quarter.

iShares Future AI & Tech ETF Trading Up 0.1%

Shares of ARTY traded up $0.04 during midday trading on Friday, hitting $48.32. 331,311 shares of the company’s stock traded hands, compared to its average volume of 555,448. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 32.81 and a beta of 1.20. iShares Future AI & Tech ETF has a 1 year low of $26.31 and a 1 year high of $54.79. The firm’s fifty day moving average is $50.76 and its 200-day moving average is $48.29.

About iShares Future AI & Tech ETF

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.