Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) Short Interest Update

Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 198,161 shares, an increase of 33.8% from the January 29th total of 148,086 shares. Based on an average daily trading volume, of 882,292 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.6% of the company’s shares are sold short. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 882,292 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Dan IVES Wedbush AI Revolution ETF

A number of large investors have recently modified their holdings of the company. Sunbelt Securities Inc. boosted its position in Dan IVES Wedbush AI Revolution ETF by 1,989.3% during the fourth quarter. Sunbelt Securities Inc. now owns 2,340 shares of the company’s stock valued at $74,000 after purchasing an additional 2,228 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 37.0% in the 4th quarter. NewEdge Advisors LLC now owns 130,074 shares of the company’s stock valued at $4,112,000 after buying an additional 35,097 shares in the last quarter. VestGen Advisors LLC raised its stake in shares of Dan IVES Wedbush AI Revolution ETF by 22.4% during the 4th quarter. VestGen Advisors LLC now owns 15,964 shares of the company’s stock worth $505,000 after acquiring an additional 2,917 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Dan IVES Wedbush AI Revolution ETF during the fourth quarter valued at approximately $381,000. Finally, Royal Bank of Canada grew its holdings in Dan IVES Wedbush AI Revolution ETF by 1,277.2% in the fourth quarter. Royal Bank of Canada now owns 152,599 shares of the company’s stock worth $4,823,000 after purchasing an additional 141,519 shares during the last quarter.

Dan IVES Wedbush AI Revolution ETF Trading Up 2.3%

Shares of NYSEARCA IVES traded up $0.68 during mid-day trading on Wednesday, reaching $30.14. The company had a trading volume of 323,902 shares, compared to its average volume of 744,664. The stock has a market cap of $968.10 million, a price-to-earnings ratio of 27.36 and a beta of 2.20. Dan IVES Wedbush AI Revolution ETF has a 52 week low of $25.07 and a 52 week high of $35.25. The business’s 50-day moving average is $31.63 and its 200-day moving average is $31.70.

Dan IVES Wedbush AI Revolution ETF Company Profile

The Wedbush ETFMG Global Cloud Technology ETF (IVES) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of global equities related to cloud technology companies. IVES was launched on Mar 8, 2016 and is managed by ETF Managers Group.