WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Stock Short Interest Falls 34.3%

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 64,758 shares, a drop of 34.3% from the September 30th total of 98,517 shares. Based on an average daily volume of 326,471 shares, the short-interest ratio is currently 0.2 days. Currently, 0.8% of the shares of the company are short sold.

WisdomTree Artificial Intelligence and Innovation Fund Stock Performance

Shares of BATS:WTAI opened at $35.85 on Wednesday. WisdomTree Artificial Intelligence and Innovation Fund has a 52-week low of $26.55 and a 52-week high of $48.89. The company has a market capitalization of $308.31 million, a P/E ratio of 25.61 and a beta of 1.43. The company has a 50-day simple moving average of $41.15 and a 200 day simple moving average of $37.70.

Institutional Trading of WisdomTree Artificial Intelligence and Innovation Fund

Several institutional investors and hedge funds have recently bought and sold shares of WTAI. First PREMIER Bank bought a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund during the 2nd quarter worth approximately $723,000. Oarsman Capital Inc. acquired a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund during the 2nd quarter worth approximately $18,157,000. Harbor Investment Advisory LLC increased its holdings in shares of WisdomTree Artificial Intelligence and Innovation Fund by 11.4% during the 2nd quarter. Harbor Investment Advisory LLC now owns 4,023 shares of the company’s stock worth $191,000 after acquiring an additional 411 shares during the last quarter. Sherman Asset Management Inc. increased its holdings in shares of WisdomTree Artificial Intelligence and Innovation Fund by 141.7% during the 1st quarter. Sherman Asset Management Inc. now owns 1,675 shares of the company’s stock worth $47,000 after acquiring an additional 982 shares during the last quarter. Finally, Team Financial Group LLC acquired a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund during the 1st quarter worth approximately $47,000.

WisdomTree Artificial Intelligence and Innovation Fund Company Profile

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee. WTAI was launched on Dec 9, 2021 and is managed by WisdomTree.