iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) Stock Short Interest Report for September

iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 579,102 shares, a drop of 55.0% from the September 15th total of 1,286,460 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 6,749,896 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares A.I. Innovation and Tech Active ETF

Institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC lifted its stake in shares of iShares A.I. Innovation and Tech Active ETF by 14.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 3,721,827 shares of the company’s stock worth $122,634,000 after purchasing an additional 456,830 shares during the last quarter. Bank of New York Mellon Corp grew its stake in iShares A.I. Innovation and Tech Active ETF by 10.4% in the first quarter. Bank of New York Mellon Corp now owns 3,198,581 shares of the company’s stock valued at $105,393,000 after purchasing an additional 300,664 shares during the last quarter. Shah Wealth Advisors LLC purchased a new position in iShares A.I. Innovation and Tech Active ETF in the second quarter valued at about $20,622,000. Cahill Financial Advisors Inc. grew its stake in iShares A.I. Innovation and Tech Active ETF by 11.0% in the second quarter. Cahill Financial Advisors Inc. now owns 341,560 shares of the company’s stock valued at $18,007,000 after purchasing an additional 33,902 shares during the last quarter. Finally, Beacon Financial Group grew its stake in iShares A.I. Innovation and Tech Active ETF by 6.3% in the first quarter. Beacon Financial Group now owns 316,823 shares of the company’s stock valued at $10,439,000 after purchasing an additional 18,835 shares during the last quarter.

iShares A.I. Innovation and Tech Active ETF Price Performance

Shares of NYSEARCA:BAI traded down $0.68 during trading hours on Thursday, hitting $43.33. The company’s stock had a trading volume of 4,037,812 shares, compared to its average volume of 3,309,652. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $30.82 and a 52 week high of $54.46. The company has a market capitalization of $13.26 billion, a price-to-earnings ratio of 45.43 and a beta of 2.33. The firm’s fifty day moving average price is $45.56 and its 200 day moving average price is $45.05.

iShares A.I. Innovation and Tech Active ETF Company Profile

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.