VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) Sees Significant Drop in Short Interest

VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 283,065 shares, a decline of 34.9% from the August 15th total of 434,524 shares. Based on an average daily volume of 404,705 shares, the short-interest ratio is currently 0.7 days. Approximately 2.2% of the shares of the company are sold short.

VistaShares Artificial Intelligence Supercycle ETF Price Performance

Shares of AIS stock traded up $2.76 during trading hours on Thursday, reaching $70.70. 228,223 shares of the company’s stock were exchanged, compared to its average volume of 396,892. The company’s 50 day moving average is $68.88 and its two-hundred day moving average is $64.20. The company has a market cap of $919.05 million, a P/E ratio of -1,010.46 and a beta of 3.07. VistaShares Artificial Intelligence Supercycle ETF has a 1 year low of $33.35 and a 1 year high of $88.79.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AIS. NewEdge Advisors LLC lifted its holdings in VistaShares Artificial Intelligence Supercycle ETF by 83.5% in the second quarter. NewEdge Advisors LLC now owns 99,051 shares of the company’s stock valued at $8,450,000 after acquiring an additional 45,061 shares during the period. Noble Wealth Management PBC increased its holdings in shares of VistaShares Artificial Intelligence Supercycle ETF by 147.4% in the 2nd quarter. Noble Wealth Management PBC now owns 58,079 shares of the company’s stock valued at $4,955,000 after purchasing an additional 34,602 shares in the last quarter. Beaumont Financial Advisors LLC lifted its stake in shares of VistaShares Artificial Intelligence Supercycle ETF by 71.7% in the first quarter. Beaumont Financial Advisors LLC now owns 351,420 shares of the company’s stock valued at $14,728,000 after purchasing an additional 146,691 shares during the period. Carter Financial Group INC. boosted its holdings in VistaShares Artificial Intelligence Supercycle ETF by 146.2% during the first quarter. Carter Financial Group INC. now owns 31,580 shares of the company’s stock worth $1,324,000 after buying an additional 18,751 shares in the last quarter. Finally, Sankala Group LLC purchased a new stake in VistaShares Artificial Intelligence Supercycle ETF during the fourth quarter worth about $65,000. Hedge funds and other institutional investors own 39.67% of the company’s stock.

About VistaShares Artificial Intelligence Supercycle ETF

The VistaShares Artificial Intelligence Supercycle ETF (AIS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, using an underlying index to identify and weight global AI companies in an investment portfolio. Companies may span in size, selection is based on thematic relevance and liquidity. AIS was launched on Oct 1, 2024 and is issued by VistaShares.