Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Short Interest Update

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIOGet Free Report) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 147,800 shares, a decrease of 9.4% from the November 30th total of 163,200 shares. Based on an average daily trading volume, of 80,700 shares, the short-interest ratio is presently 1.8 days.

Institutional Trading of Virtus Artificial Intelligence & Technology Opportunities Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Prospera Financial Services Inc boosted its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 4.5% during the 3rd quarter. Prospera Financial Services Inc now owns 17,890 shares of the company’s stock worth $393,000 after buying an additional 775 shares during the period. Advisors Asset Management Inc. increased its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 3.8% in the third quarter. Advisors Asset Management Inc. now owns 534,702 shares of the company’s stock valued at $11,747,000 after acquiring an additional 19,458 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 11.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 33,429 shares of the company’s stock worth $734,000 after buying an additional 3,487 shares during the period. Shaker Financial Services LLC acquired a new stake in shares of Virtus Artificial Intelligence & Technology Opportunities Fund in the 3rd quarter valued at $797,000. Finally, David J Yvars Group bought a new stake in Virtus Artificial Intelligence & Technology Opportunities Fund during the third quarter worth about $256,000.

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

Shares of NYSE:AIO traded down $0.29 during trading hours on Wednesday, hitting $24.66. The stock had a trading volume of 73,126 shares, compared to its average volume of 105,887. The stock’s fifty day simple moving average is $23.73 and its 200 day simple moving average is $22.21. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1-year low of $17.10 and a 1-year high of $25.65.

Virtus Artificial Intelligence & Technology Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.80 annualized dividend and a yield of 7.30%.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

(Get Free Report)

The Fund seeks to generate a stable income stream and growth of capital by focusing on one of the most significant long-term secular growth opportunities in markets today. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company’s debt and equity in order to offer an attractive risk/reward profile.

Further Reading

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