VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) Shares Shorted: Short Interest Up 147.5% in October

VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 330,250 shares, an increase of 147.5% from the October 15th total of 133,419 shares. Currently, 2.0% of the shares of the stock are sold short. Based on an average daily volume of 600,762 shares, the short-interest ratio is presently 0.5 days.

VistaShares Artificial Intelligence Supercycle ETF Trading Down 4.9%

VistaShares Artificial Intelligence Supercycle ETF stock traded down $2.75 during mid-day trading on Friday, reaching $53.94. The company had a trading volume of 308,360 shares, compared to its average volume of 469,544. VistaShares Artificial Intelligence Supercycle ETF has a fifty-two week low of $33.35 and a fifty-two week high of $88.79. The company has a market cap of $872.15 million, a P/E ratio of -770.50 and a beta of 3.17. The business has a fifty day simple moving average of $67.07 and a 200 day simple moving average of $62.34.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Harbour Investments Inc. acquired a new stake in shares of VistaShares Artificial Intelligence Supercycle ETF during the 3rd quarter valued at $82,000. Noble Wealth Management PBC increased its holdings in VistaShares Artificial Intelligence Supercycle ETF by 3.5% in the 3rd quarter. Noble Wealth Management PBC now owns 60,095 shares of the company’s stock worth $4,490,000 after purchasing an additional 2,016 shares in the last quarter. NewEdge Advisors LLC increased its holdings in VistaShares Artificial Intelligence Supercycle ETF by 83.5% in the 2nd quarter. NewEdge Advisors LLC now owns 99,051 shares of the company’s stock worth $8,450,000 after purchasing an additional 45,061 shares in the last quarter. Finally, Beaumont Financial Advisors LLC increased its holdings 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 worth $14,728,000 after purchasing an additional 146,691 shares in the last quarter. 39.67% of the stock is currently owned by institutional investors.

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.