iShares Future AI & Tech ETF (NYSEARCA:ARTY) Stock Short Interest Report for September

iShares Future AI & Tech ETF (NYSEARCA:ARTY) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 106,512 shares, a decrease of 68.0% from the September 15th total of 332,991 shares. Based on an average daily volume of 435,353 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

iShares Future AI & Tech ETF Trading Down 0.3%

Shares of ARTY traded down $0.27 during mid-day trading on Tuesday, reaching $77.15. The company’s stock had a trading volume of 358,243 shares, compared to its average volume of 636,303. The company’s fifty day moving average price is $75.90 and its two-hundred day moving average price is $69.39. iShares Future AI & Tech ETF has a 52 week low of $43.26 and a 52 week high of $81.97. The stock has a market cap of $4.16 billion, a PE ratio of 32.81 and a beta of 1.53.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Compass Financial Management LLC purchased a new stake in iShares Future AI & Tech ETF in the second quarter worth about $25,000. Go Invest LLC bought a new position in iShares Future AI & Tech ETF during the 3rd quarter worth about $41,000. Strengthening Families & Communities LLC increased its position in iShares Future AI & Tech ETF by 89.9% during the 2nd quarter. Strengthening Families & Communities LLC now owns 566 shares of the company’s stock valued at $43,000 after purchasing an additional 268 shares during the period. Blue Trust Inc. increased its position in iShares Future AI & Tech ETF by 43.3% during the 1st quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $34,000 after purchasing an additional 219 shares during the period. Finally, AdvisorNet Financial Inc raised its holdings in shares of iShares Future AI & Tech ETF by 23.1% in the 1st quarter. AdvisorNet Financial Inc now owns 1,281 shares of the company’s stock valued at $60,000 after purchasing an additional 240 shares in the last quarter.

About iShares Future AI & Tech ETF

The iShares Future AI & Tech ETF (ARTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a concentrated index of global companies that provide products and services that are expected to contribute to artificial intelligence technologies. Holdings are selected and weighted based on a modified market-cap. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.