Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) Sees Significant Growth in Short Interest

Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,431,292 shares, an increase of 63.3% from the September 30th total of 876,723 shares. Based on an average trading volume of 1,750,477 shares, the days-to-cover ratio is presently 0.8 days. Currently, 4.3% of the shares of the stock are short sold.

Institutional Trading of Defiance AI and Power Infrastructure ETF

Several hedge funds have recently made changes to their positions in the stock. Silverleafe Capital Partners LLC bought a new position in shares of Defiance AI and Power Infrastructure ETF during the third quarter worth about $8,260,000. Lionsbridge Wealth Management LLC bought a new stake in Defiance AI and Power Infrastructure ETF during the 2nd quarter valued at $1,578,000. Westwind Capital grew its stake in shares of Defiance AI and Power Infrastructure ETF by 12.8% in the third quarter. Westwind Capital now owns 86,536 shares of the company’s stock worth $2,440,000 after purchasing an additional 9,818 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Defiance AI and Power Infrastructure ETF by 4.6% in the first quarter. Parallel Advisors LLC now owns 97,580 shares of the company’s stock worth $2,436,000 after purchasing an additional 4,324 shares during the period. Finally, Compass Financial Management LLC increased its stake in Defiance AI and Power Infrastructure ETF by 467.8% during the 3rd quarter. Compass Financial Management LLC now owns 2,839 shares of the company’s stock valued at $80,000 after buying an additional 2,339 shares during the period.

Defiance AI and Power Infrastructure ETF Trading Up 1.5%

Shares of NASDAQ AIPO traded up $0.36 on Monday, reaching $25.03. 352,337 shares of the company traded hands, compared to its average volume of 1,002,550. Defiance AI and Power Infrastructure ETF has a fifty-two week low of $20.65 and a fifty-two week high of $34.79. The company has a 50 day moving average of $27.78 and a 200 day moving average of $29.09.

Defiance AI & Power Infrastructure ETF (NASDAQ: AIPO) is a thematic exchange-traded fund offered by Defiance ETFs that seeks to provide investors with exposure to companies operating at the intersection of artificial intelligence and power infrastructure. The fund targets firms involved in the development, production and deployment of AI technologies alongside businesses that design, build or operate electric power systems and related infrastructure.

Holdings typically span technology and industrial sectors, including companies that supply AI hardware and software, semiconductors and data-center infrastructure, as well as utilities, grid modernization firms, renewable energy developers and companies focused on transmission, distribution and energy storage.