Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Short Interest Down 57.8% in January

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 13,978 shares, a decrease of 57.8% from the January 15th total of 33,141 shares. Based on an average trading volume of 106,518 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 106,518 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Virtus Artificial Intelligence & Technology Opportunities Fund

A number of large investors have recently added to or reduced their stakes in AIO. Oppenheimer & Co. Inc. grew its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 7.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 66,551 shares of the company’s stock worth $1,599,000 after purchasing an additional 4,654 shares in the last quarter. Truist Financial Corp raised its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 2.8% in the fourth quarter. Truist Financial Corp now owns 16,364 shares of the company’s stock valued at $356,000 after purchasing an additional 446 shares in the last quarter. Wolverine Asset Management LLC lifted its position in Virtus Artificial Intelligence & Technology Opportunities Fund by 150.4% during the fourth quarter. Wolverine Asset Management LLC now owns 165,881 shares of the company’s stock worth $3,608,000 after purchasing an additional 99,630 shares during the period. NBC Securities Inc. grew its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 8.5% during the fourth quarter. NBC Securities Inc. now owns 7,153 shares of the company’s stock worth $156,000 after buying an additional 561 shares in the last quarter. Finally, Calamos Advisors LLC bought a new position in Virtus Artificial Intelligence & Technology Opportunities Fund in the 4th quarter valued at about $639,000.

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

Virtus Artificial Intelligence & Technology Opportunities Fund stock traded up $0.14 during midday trading on Friday, hitting $22.67. The company’s stock had a trading volume of 136,814 shares, compared to its average volume of 135,270. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1-year low of $16.18 and a 1-year high of $25.47. The company has a 50-day moving average price of $22.71 and a two-hundred day moving average price of $23.53.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Announcement

The firm also recently declared a special dividend, which was paid on Friday, January 9th. Stockholders of record on Monday, December 29th were given a $1.191 dividend. The ex-dividend date was Monday, December 29th.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) is a non-diversified, closed-end management investment company designed to provide shareholders with exposure to companies that derive a significant portion of their revenues from the development or use of artificial intelligence and related technologies. The Fund seeks to achieve long-term capital appreciation by identifying businesses that are positioned to benefit from ongoing advancements in AI, machine learning, robotics, data analytics, cloud computing, and semiconductor manufacturing.

Investment selections are made through a fundamental research process that emphasizes both thematic expertise and company-specific analysis.