Short Interest in VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) Declines By 42.7%

VistaShares Artificial Intelligence Supercycle ETF (NYSEARCA:AIS) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 109,045 shares, a drop of 42.7% from the April 15th total of 190,332 shares. Based on an average trading volume of 356,275 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.8% of the shares of the company are sold short.

Hedge Funds Weigh In On VistaShares Artificial Intelligence Supercycle ETF

Several hedge funds have recently modified their holdings of the company. Beck Capital Management LLC increased its position in shares of VistaShares Artificial Intelligence Supercycle ETF by 7.2% during the 4th quarter. Beck Capital Management LLC now owns 6,991 shares of the company’s stock valued at $264,000 after purchasing an additional 470 shares during the period. Farther Finance Advisors LLC increased its position in shares of VistaShares Artificial Intelligence Supercycle ETF by 62.1% during the 4th quarter. Farther Finance Advisors LLC now owns 3,293 shares of the company’s stock valued at $124,000 after purchasing an additional 1,262 shares during the period. Berbice Capital Management LLC increased its position in shares of VistaShares Artificial Intelligence Supercycle ETF by 136.4% during the 4th quarter. Berbice Capital Management LLC now owns 2,600 shares of the company’s stock valued at $98,000 after purchasing an additional 1,500 shares during the period. Sankala Group LLC acquired a new position in shares of VistaShares Artificial Intelligence Supercycle ETF during the 4th quarter valued at $65,000. Finally, Carter Financial Group INC. increased its position in shares of VistaShares Artificial Intelligence Supercycle ETF by 36.0% during the 4th quarter. Carter Financial Group INC. now owns 12,829 shares of the company’s stock valued at $485,000 after purchasing an additional 3,394 shares during the period. 39.67% of the stock is currently owned by institutional investors and hedge funds.

VistaShares Artificial Intelligence Supercycle ETF Trading Down 3.1%

AIS traded down $2.12 during trading hours on Monday, hitting $65.70. The company’s stock had a trading volume of 504,857 shares, compared to its average volume of 223,157. VistaShares Artificial Intelligence Supercycle ETF has a fifty-two week low of $23.83 and a fifty-two week high of $71.60. The firm has a market capitalization of $396.17 million, a PE ratio of -938.57 and a beta of 2.88. The company has a 50-day simple moving average of $51.82 and a 200 day simple moving average of $44.26.

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.