iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) Short Interest Update

iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 1,207,194 shares, a decline of 66.3% from the July 30th total of 3,578,557 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 3,026,608 shares, the short-interest ratio is presently 0.4 days.

iShares A.I. Innovation and Tech Active ETF Trading Down 2.4%

BAI traded down $1.08 during trading hours on Friday, hitting $44.12. 1,986,423 shares of the company’s stock were exchanged, compared to its average volume of 3,141,056. iShares A.I. Innovation and Tech Active ETF has a 12-month low of $30.36 and a 12-month high of $54.46. The firm has a 50 day moving average of $45.76 and a 200 day moving average of $42.32. The firm has a market cap of $13.59 billion, a P/E ratio of 45.43 and a beta of 2.37.

Institutional Trading of iShares A.I. Innovation and Tech Active ETF

A number of large investors have recently modified their holdings of BAI. Bogart Wealth LLC purchased a new position in iShares A.I. Innovation and Tech Active ETF in the first quarter valued at $32,000. Nemes Rush Group LLC grew its stake in iShares A.I. Innovation and Tech Active ETF by 531.6% during the 4th quarter. Nemes Rush Group LLC now owns 1,099 shares of the company’s stock worth $37,000 after purchasing an additional 925 shares in the last quarter. Bayban acquired a new position in iShares A.I. Innovation and Tech Active ETF during the 4th quarter worth $38,000. Team Financial Group LLC increased its holdings in iShares A.I. Innovation and Tech Active ETF by 52.7% during the 1st quarter. Team Financial Group LLC now owns 1,472 shares of the company’s stock worth $48,000 after purchasing an additional 508 shares during the period. Finally, Wells Financial Advisors INC increased its holdings in iShares A.I. Innovation and Tech Active ETF by 87.0% during the 2nd quarter. Wells Financial Advisors INC now owns 1,141 shares of the company’s stock worth $60,000 after purchasing an additional 531 shares during the period.

About iShares A.I. Innovation and Tech Active ETF

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.