iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) Stock Short Interest Report for September

iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 579,102 shares, a decrease of 55.0% from the September 15th total of 1,286,460 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 6,749,896 shares, the days-to-cover ratio is presently 0.1 days.

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

Institutional investors have recently added to or reduced their stakes in the company. Atlas Brown Inc. grew its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 30.7% during the 3rd quarter. Atlas Brown Inc. now owns 8,530 shares of the company’s stock worth $403,000 after purchasing an additional 2,002 shares in the last quarter. CoreCap Advisors LLC raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 21.4% in the third quarter. CoreCap Advisors LLC now owns 96,447 shares of the company’s stock valued at $4,551,000 after purchasing an additional 16,988 shares in the last quarter. Cahill Financial Advisors Inc. raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 11.0% in the second quarter. Cahill Financial Advisors Inc. now owns 341,560 shares of the company’s stock valued at $18,007,000 after purchasing an additional 33,902 shares in the last quarter. Shah Wealth Advisors LLC bought a new position in iShares A.I. Innovation and Tech Active ETF in the second quarter worth $20,622,000. Finally, Blue Edge Capital LLC bought a new position in iShares A.I. Innovation and Tech Active ETF in the second quarter worth $15,282,000.

iShares A.I. Innovation and Tech Active ETF Stock Down 4.9%

iShares A.I. Innovation and Tech Active ETF stock traded down $2.27 during mid-day trading on Wednesday, reaching $44.01. The company had a trading volume of 3,441,287 shares, compared to its average volume of 3,305,933. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $30.82 and a 52 week high of $54.46. The company has a 50 day moving average of $45.57 and a 200-day moving average of $44.97. The firm has a market cap of $13.47 billion, a price-to-earnings ratio of 45.43 and a beta of 2.33.

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.