iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) Short Interest Up 282.1% in June

iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,138,152 shares, a growth of 282.1% from the June 15th total of 297,894 shares. Based on an average daily trading volume, of 4,339,851 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares A.I. Innovation and Tech Active ETF

Several large investors have recently modified their holdings of BAI. Financial Management Professionals Inc. lifted its stake in iShares A.I. Innovation and Tech Active ETF by 5.4% in the fourth quarter. Financial Management Professionals Inc. now owns 5,674 shares of the company’s stock valued at $189,000 after purchasing an additional 292 shares during the last quarter. Bradley Foster & Sargent Inc. CT raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 4.5% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 6,899 shares of the company’s stock valued at $230,000 after buying an additional 297 shares during the period. Team Financial Group LLC lifted its position in shares of iShares A.I. Innovation and Tech Active ETF by 59.6% during the 4th quarter. Team Financial Group LLC now owns 964 shares of the company’s stock valued at $32,000 after buying an additional 360 shares during the last quarter. Nemes Rush Group LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 531.6% during the 4th quarter. Nemes Rush Group LLC now owns 1,099 shares of the company’s stock worth $37,000 after acquiring an additional 925 shares during the period. Finally, Sound Income Strategies LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 7.3% during the 1st quarter. Sound Income Strategies LLC now owns 14,156 shares of the company’s stock worth $482,000 after acquiring an additional 958 shares during the period.

iShares A.I. Innovation and Tech Active ETF Stock Performance

BAI stock traded down $0.34 during mid-day trading on Friday, hitting $47.71. The company had a trading volume of 3,138,150 shares, compared to its average volume of 3,129,683. The firm has a market cap of $14.15 billion, a PE ratio of 45.43 and a beta of 2.26. iShares A.I. Innovation and Tech Active ETF has a 12 month low of $28.62 and a 12 month high of $54.46. The stock’s fifty day moving average price is $48.60 and its two-hundred day moving average price is $39.98.

iShares A.I. Innovation and Tech Active ETF Company Profile

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.