Short Interest in VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) Declines By 42.7%

VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 109,045 shares, a drop of 42.7% from the April 15th total of 190,332 shares. Based on an average trading volume of 356,275 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.8% of the shares of the company are sold short.

Institutional Trading of VistaShares Artificial Intelligence Supercycle ETF

Several large investors have recently added to or reduced their stakes in AIS. Beaumont Financial Advisors LLC increased its position in VistaShares Artificial Intelligence Supercycle ETF by 71.7% in the 1st quarter. Beaumont Financial Advisors LLC now owns 351,420 shares of the company’s stock valued at $14,728,000 after acquiring an additional 146,691 shares during the period. NewEdge Advisors LLC acquired a new stake in VistaShares Artificial Intelligence Supercycle ETF in the 4th quarter valued at approximately $2,136,000. Carter Financial Group INC. increased its position in VistaShares Artificial Intelligence Supercycle ETF by 146.2% in the 1st quarter. Carter Financial Group INC. now owns 31,580 shares of the company’s stock valued at $1,324,000 after acquiring an additional 18,751 shares during the period. Marshall Wace LLP acquired a new position in shares of VistaShares Artificial Intelligence Supercycle ETF during the 4th quarter valued at $280,000. Finally, Creative Financial Designs Inc. ADV acquired a new position in shares of VistaShares Artificial Intelligence Supercycle ETF during the 4th quarter valued at $151,000. 39.67% of the stock is currently owned by institutional investors and hedge funds.

VistaShares Artificial Intelligence Supercycle ETF Trading Down 4.7%

AIS traded down $3.37 during trading hours on Friday, hitting $67.82. The company’s stock had a trading volume of 467,257 shares, compared to its average volume of 220,106. VistaShares Artificial Intelligence Supercycle ETF has a fifty-two week low of $23.83 and a fifty-two week high of $71.60. The firm has a market capitalization of $408.95 million, a PE ratio of -968.86 and a beta of 2.88. The company has a 50-day simple moving average of $51.36 and a 200 day simple moving average of $44.06.

VistaShares Artificial Intelligence Supercycle ETF Company Profile

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.