iShares Future AI & Tech ETF (NYSEARCA:ARTY) Short Interest Update

iShares Future AI & Tech ETF (NYSEARCA:ARTY) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 521,011 shares, a decrease of 19.4% from the December 15th total of 646,474 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 316,339 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 316,339 shares, the short-interest ratio is presently 1.6 days. Currently, 1.2% of the company’s stock are short sold.

iShares Future AI & Tech ETF Price Performance

ARTY opened at $50.46 on Wednesday. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 32.81 and a beta of 1.20. The business’s 50-day moving average price is $48.41 and its two-hundred day moving average price is $46.17. iShares Future AI & Tech ETF has a 1 year low of $26.31 and a 1 year high of $51.79.

Hedge Funds Weigh In On iShares Future AI & Tech ETF

A number of large investors have recently bought and sold shares of ARTY. SOA Wealth Advisors LLC. grew its stake in shares of iShares Future AI & Tech ETF by 269.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 543 shares of the company’s stock worth $25,000 after acquiring an additional 396 shares in the last quarter. MMA Asset Management LLC acquired a new position in iShares Future AI & Tech ETF during the third quarter worth $25,000. Total Investment Management Inc. acquired a new position in iShares Future AI & Tech ETF during the second quarter worth $26,000. Heartwood Wealth Advisors LLC bought a new position in iShares Future AI & Tech ETF in the third quarter valued at $27,000. Finally, CoreCap Advisors LLC increased its stake in iShares Future AI & Tech ETF by 61.8% in the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock valued at $28,000 after buying an additional 218 shares during the last quarter.

About iShares Future AI & Tech ETF

The iShares Future AI & Tech ETF (ARTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a concentrated index of global companies that provide products and services that are expected to contribute to artificial intelligence technologies. Holdings are selected and weighted based on a modified market-cap. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.