Short Interest in VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) Expands By 247.7%

VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 637,849 shares, an increase of 247.7% from the June 15th total of 183,470 shares. Based on an average daily trading volume, of 852,446 shares, the days-to-cover ratio is currently 0.7 days. Approximately 5.3% of the shares of the stock are short sold.

VistaShares Artificial Intelligence Supercycle ETF Price Performance

NYSEARCA:AIS opened at $76.51 on Monday. VistaShares Artificial Intelligence Supercycle ETF has a twelve month low of $27.52 and a twelve month high of $88.79. The stock’s 50-day simple moving average is $74.98 and its 200 day simple moving average is $55.21. The firm has a market capitalization of $961.73 million, a PE ratio of -1,093.00 and a beta of 2.92.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew its holdings in shares of VistaShares Artificial Intelligence Supercycle ETF by 62.1% during the 4th quarter. Farther Finance Advisors LLC now owns 3,293 shares of the company’s stock valued at $124,000 after purchasing an additional 1,262 shares during the last quarter. Berbice Capital Management LLC increased its position in VistaShares Artificial Intelligence Supercycle ETF by 136.4% during the 4th quarter. Berbice Capital Management LLC now owns 2,600 shares of the company’s stock worth $98,000 after purchasing an additional 1,500 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new position in VistaShares Artificial Intelligence Supercycle ETF in the 4th quarter valued at approximately $151,000. Beck Capital Management LLC lifted its stake in VistaShares Artificial Intelligence Supercycle ETF by 7.2% in the 4th quarter. Beck Capital Management LLC now owns 6,991 shares of the company’s stock valued at $264,000 after purchasing an additional 470 shares during the last quarter. Finally, Carter Financial Group INC. boosted its position in VistaShares Artificial Intelligence Supercycle ETF by 36.0% in the fourth quarter. Carter Financial Group INC. now owns 12,829 shares of the company’s stock valued at $485,000 after buying an additional 3,394 shares in the last quarter. Institutional investors own 39.67% of the company’s stock.

About VistaShares Artificial Intelligence Supercycle ETF

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.