Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) Sees Large Increase in Short Interest

Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,431,292 shares, a growth of 63.3% from the September 30th total of 876,723 shares. Approximately 4.3% of the shares of the company are short sold. Based on an average trading volume of 1,750,477 shares, the days-to-cover ratio is presently 0.8 days.

Defiance AI and Power Infrastructure ETF Price Performance

Shares of Defiance AI and Power Infrastructure ETF stock opened at $24.23 on Tuesday. The firm has a fifty day moving average price of $27.69 and a 200 day moving average price of $29.06. Defiance AI and Power Infrastructure ETF has a 1 year low of $20.65 and a 1 year high of $34.79.

Institutional Investors Weigh In On Defiance AI and Power Infrastructure ETF

Several hedge funds have recently added to or reduced their stakes in AIPO. Silverleafe Capital Partners LLC acquired a new position in shares of Defiance AI and Power Infrastructure ETF in the 3rd quarter valued at about $8,260,000. Lionsbridge Wealth Management LLC acquired a new stake in Defiance AI and Power Infrastructure ETF during the second quarter worth about $1,578,000. Westwind Capital grew its holdings in Defiance AI and Power Infrastructure ETF by 12.8% during the third quarter. Westwind Capital now owns 86,536 shares of the company’s stock worth $2,440,000 after acquiring an additional 9,818 shares during the period. Parallel Advisors LLC grew its holdings in Defiance AI and Power Infrastructure ETF by 4.6% during the first quarter. Parallel Advisors LLC now owns 97,580 shares of the company’s stock worth $2,436,000 after acquiring an additional 4,324 shares during the period. Finally, Compass Financial Management LLC raised its position in Defiance AI and Power Infrastructure ETF by 467.8% during the third quarter. Compass Financial Management LLC now owns 2,839 shares of the company’s stock valued at $80,000 after acquiring an additional 2,339 shares in the last quarter.

Defiance AI & Power Infrastructure ETF (NASDAQ: AIPO) is a thematic exchange-traded fund offered by Defiance ETFs that seeks to provide investors with exposure to companies operating at the intersection of artificial intelligence and power infrastructure. The fund targets firms involved in the development, production and deployment of AI technologies alongside businesses that design, build or operate electric power systems and related infrastructure.

Holdings typically span technology and industrial sectors, including companies that supply AI hardware and software, semiconductors and data-center infrastructure, as well as utilities, grid modernization firms, renewable energy developers and companies focused on transmission, distribution and energy storage.