WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) Short Interest Up 337.5% in July

WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 5,206 shares, a growth of 337.5% from the July 15th total of 1,190 shares. Based on an average daily volume of 3,981 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Trading of WisdomTree U.S. AI Enhanced Value Fund

Hedge funds have recently bought and sold shares of the stock. CoreCap Advisors LLC bought a new stake in shares of WisdomTree U.S. AI Enhanced Value Fund in the second quarter worth about $26,000. International Assets Investment Management LLC bought a new position in WisdomTree U.S. AI Enhanced Value Fund during the fourth quarter valued at approximately $26,000. JPMorgan Chase & Co. increased its stake in WisdomTree U.S. AI Enhanced Value Fund by 26.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 620 shares of the company’s stock worth $71,000 after acquiring an additional 130 shares during the last quarter. Bank of America Corp DE increased its stake in WisdomTree U.S. AI Enhanced Value Fund by 66.7% in the 4th quarter. Bank of America Corp DE now owns 787 shares of the company’s stock worth $84,000 after acquiring an additional 315 shares during the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of WisdomTree U.S. AI Enhanced Value Fund during the 4th quarter worth approximately $128,000.

WisdomTree U.S. AI Enhanced Value Fund Price Performance

Shares of AIVL stock traded up $0.20 during mid-day trading on Wednesday, hitting $134.72. The company had a trading volume of 301 shares, compared to its average volume of 3,027. The stock’s 50 day moving average price is $130.65 and its 200-day moving average price is $124.44. WisdomTree U.S. AI Enhanced Value Fund has a 52-week low of $110.34 and a 52-week high of $135.50. The company has a market capitalization of $433.80 million, a P/E ratio of 19.07 and a beta of 0.79.

WisdomTree U.S. AI Enhanced Value Fund Company Profile

The WisdomTree U.S. Al Enhanced Value Fund (AIVL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides exposure to US value stocks from developed markets. AIVL was launched on Jun 16, 2006 and is managed by WisdomTree.