Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) Short Interest Update

Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 198,161 shares, an increase of 33.8% from the January 29th total of 148,086 shares. Based on an average daily volume of 882,292 shares, the short-interest ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 882,292 shares, the short-interest ratio is presently 0.2 days.

Dan IVES Wedbush AI Revolution ETF Trading Up 0.4%

Shares of NYSEARCA IVES traded up $0.13 during mid-day trading on Monday, reaching $29.91. The company had a trading volume of 591,810 shares, compared to its average volume of 756,687. The stock has a market cap of $960.71 million, a price-to-earnings ratio of 27.36 and a beta of 2.20. Dan IVES Wedbush AI Revolution ETF has a 52 week low of $25.07 and a 52 week high of $35.25. The business’s 50-day moving average is $31.74 and its 200-day moving average is $31.68.

Institutional Trading of Dan IVES Wedbush AI Revolution ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. US Bancorp DE purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF in the 3rd quarter worth approximately $29,000. TD Capital Management LLC acquired a new stake in Dan IVES Wedbush AI Revolution ETF in the third quarter valued at approximately $35,000. Coston McIsaac & Partners grew its holdings in Dan IVES Wedbush AI Revolution ETF by 203.5% in the fourth quarter. Coston McIsaac & Partners now owns 1,126 shares of the company’s stock worth $35,000 after purchasing an additional 755 shares during the last quarter. CWM LLC increased its position in shares of Dan IVES Wedbush AI Revolution ETF by 177.0% during the third quarter. CWM LLC now owns 1,385 shares of the company’s stock worth $44,000 after purchasing an additional 885 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of Dan IVES Wedbush AI Revolution ETF during the 3rd quarter valued at $57,000.

Dan IVES Wedbush AI Revolution ETF Company Profile

The Wedbush ETFMG Global Cloud Technology ETF (IVES) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of global equities related to cloud technology companies. IVES was launched on Mar 8, 2016 and is managed by ETF Managers Group.