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

iShares Future AI & Tech ETF (NYSEARCA:ARTY) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 882,955 shares, an increase of 476.5% from the March 31st total of 153,146 shares. Currently, 2.0% of the shares of the stock are sold short. Based on an average trading volume of 565,154 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Nemes Rush Group LLC lifted its stake in iShares Future AI & Tech ETF by 333.3% in the 4th quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock valued at $26,000 after buying an additional 410 shares in the last quarter. SOA Wealth Advisors LLC. grew its holdings in iShares Future AI & Tech ETF by 269.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 543 shares of the company’s stock valued at $25,000 after buying an additional 396 shares during the last quarter. MMA Asset Management LLC purchased a new position in iShares Future AI & Tech ETF during the third quarter worth $25,000. CoreCap Advisors LLC increased its position in iShares Future AI & Tech ETF by 61.8% during the fourth quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock worth $28,000 after buying an additional 218 shares in the last quarter. Finally, Howe & Rusling Inc. raised its holdings in shares of iShares Future AI & Tech ETF by 525.0% in the third quarter. Howe & Rusling Inc. now owns 625 shares of the company’s stock worth $29,000 after acquiring an additional 525 shares during the last quarter.

iShares Future AI & Tech ETF Price Performance

ARTY traded up $1.87 during midday trading on Friday, reaching $62.08. 692,224 shares of the company’s stock were exchanged, compared to its average volume of 593,264. iShares Future AI & Tech ETF has a 1-year low of $31.38 and a 1-year high of $62.20. The stock has a market capitalization of $2.81 billion, a PE ratio of 32.81 and a beta of 1.28. The business’s 50-day moving average price is $51.15 and its 200 day moving average price is $49.88.

iShares Future AI & Tech ETF Company Profile

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.