VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) Stock Short Interest Drops 76.6%

VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 133,419 shares, a decline of 76.6% from the September 30th total of 569,807 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average trading volume of 826,750 shares, the short-interest ratio is presently 0.2 days.

VistaShares Artificial Intelligence Supercycle ETF Stock Performance

Shares of NYSEARCA:AIS traded up $2.58 during trading on Wednesday, hitting $66.70. The company’s stock had a trading volume of 366,436 shares, compared to its average volume of 436,883. VistaShares Artificial Intelligence Supercycle ETF has a fifty-two week low of $33.35 and a fifty-two week high of $88.79. The business has a 50 day moving average price of $69.80 and a two-hundred day moving average price of $61.42. The company has a market capitalization of $1.13 billion, a PE ratio of -952.86 and a beta of 3.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Beaumont Financial Advisors LLC increased its holdings in VistaShares Artificial Intelligence Supercycle ETF by 71.7% during 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 during the period. NewEdge Advisors LLC raised its position 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 valued at $8,450,000 after purchasing an additional 45,061 shares in the last quarter. Noble Wealth Management PBC raised its position 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 valued at $4,490,000 after purchasing an additional 2,016 shares in the last quarter. Finally, Carter Financial Group INC. boosted its stake in shares of VistaShares Artificial Intelligence Supercycle ETF by 146.2% in the 1st quarter. Carter Financial Group INC. now owns 31,580 shares of the company’s stock valued at $1,324,000 after buying an additional 18,751 shares during the period. 39.67% of the stock is currently owned by hedge funds and other 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.