Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Short Interest Down 51.7% in March

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 68,000 shares, a decrease of 51.7% from the February 28th total of 140,700 shares. Based on an average trading volume of 98,100 shares, the days-to-cover ratio is currently 0.7 days.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Down 1.2 %

Shares of Virtus Artificial Intelligence & Technology Opportunities Fund stock traded down $0.26 on Friday, reaching $20.96. The company’s stock had a trading volume of 127,342 shares, compared to its average volume of 95,975. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52 week low of $18.70 and a 52 week high of $25.69. The firm’s fifty day simple moving average is $23.55 and its two-hundred day simple moving average is $23.28.

Virtus Artificial Intelligence & Technology Opportunities Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 29th. Investors of record on Friday, April 11th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.80 annualized dividend and a yield of 8.59%.

Hedge Funds Weigh In On Virtus Artificial Intelligence & Technology Opportunities Fund

Hedge funds have recently bought and sold shares of the business. David J Yvars Group grew its position in Virtus Artificial Intelligence & Technology Opportunities Fund by 4.1% in the 4th quarter. David J Yvars Group now owns 12,154 shares of the company’s stock worth $300,000 after purchasing an additional 482 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 5.0% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,197 shares of the company’s stock worth $473,000 after buying an additional 907 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 1.6% in the fourth quarter. LPL Financial LLC now owns 57,571 shares of the company’s stock worth $1,420,000 after acquiring an additional 920 shares during the period. First Trust Advisors LP increased its position in Virtus Artificial Intelligence & Technology Opportunities Fund by 2.3% during the fourth quarter. First Trust Advisors LP now owns 40,342 shares of the company’s stock valued at $995,000 after acquiring an additional 925 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 6.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 18,964 shares of the company’s stock valued at $468,000 after acquiring an additional 1,151 shares during the period.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

The Fund seeks to generate a stable income stream and growth of capital by focusing on one of the most significant long-term secular growth opportunities in markets today. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company’s debt and equity in order to offer an attractive risk/reward profile.