WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Short Interest Update

WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 472,452 shares, a growth of 172.8% from the July 30th total of 173,174 shares. Based on an average trading volume of 260,373 shares, the short-interest ratio is presently 1.8 days. Currently, 5.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Sherman Asset Management Inc. grew its holdings in shares of WisdomTree Artificial Intelligence and Innovation Fund by 141.7% during the first quarter. Sherman Asset Management Inc. now owns 1,675 shares of the company’s stock valued at $47,000 after buying an additional 982 shares during the last quarter. Team Financial Group LLC acquired a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund in the 1st quarter worth about $47,000. Berbice Capital Management LLC bought a new position in WisdomTree Artificial Intelligence and Innovation Fund in the 4th quarter valued at about $51,000. Farther Finance Advisors LLC lifted its position in WisdomTree Artificial Intelligence and Innovation Fund by 62.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,957 shares of the company’s stock valued at $86,000 after acquiring an additional 1,133 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its stake in WisdomTree Artificial Intelligence and Innovation Fund by 16.5% during the 1st quarter. Harbor Investment Advisory LLC now owns 3,612 shares of the company’s stock valued at $102,000 after purchasing an additional 512 shares during the last quarter.

WisdomTree Artificial Intelligence and Innovation Fund Stock Down 2.6%

Shares of BATS:WTAI opened at $40.64 on Friday. WisdomTree Artificial Intelligence and Innovation Fund has a twelve month low of $25.15 and a twelve month high of $48.89. The stock’s 50 day moving average is $41.83 and its 200-day moving average is $37.45. The firm has a market capitalization of $349.50 million, a price-to-earnings ratio of 25.61 and a beta of 1.43.

WisdomTree Artificial Intelligence and Innovation Fund Company Profile

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee. WTAI was launched on Dec 9, 2021 and is managed by WisdomTree.