WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) Sees Large Decline in Short Interest

WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 800 shares, a decline of 38.5% from the September 30th total of 1,300 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On WisdomTree U.S. AI Enhanced Value Fund

A number of institutional investors and hedge funds have recently made changes to their positions in AIVL. Bank of America Corp DE increased its position in shares of WisdomTree U.S. AI Enhanced Value Fund by 66.7% during the fourth quarter. Bank of America Corp DE now owns 787 shares of the company’s stock worth $84,000 after purchasing an additional 315 shares in the last quarter. Hughes Financial Services LLC acquired a new position in WisdomTree U.S. AI Enhanced Value Fund during the first quarter worth approximately $28,000. LPL Financial LLC increased its position in WisdomTree U.S. AI Enhanced Value Fund by 3.5% during the first quarter. LPL Financial LLC now owns 40,073 shares of the company’s stock worth $4,400,000 after buying an additional 1,370 shares during the period. Glassman Wealth Services acquired a new position in WisdomTree U.S. AI Enhanced Value Fund during the first quarter worth approximately $39,000. Finally, HighTower Advisors LLC acquired a new position in WisdomTree U.S. AI Enhanced Value Fund during the first quarter worth approximately $249,000.

WisdomTree U.S. AI Enhanced Value Fund Stock Down 0.8%

WisdomTree U.S. AI Enhanced Value Fund stock traded down $0.86 during mid-day trading on Monday, reaching $111.97. 2,691 shares of the company’s stock were exchanged, compared to its average volume of 2,931. The company has a market cap of $375.10 million, a P/E ratio of 19.07 and a beta of 0.85. The company has a fifty day moving average of $113.97 and a 200-day moving average of $112.00. WisdomTree U.S. AI Enhanced Value Fund has a twelve month low of $95.92 and a twelve month high of $115.67.

WisdomTree U.S. AI Enhanced Value Fund Company Profile

The WisdomTree U.S. Al Enhanced Value Fund (AIVL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides exposure to US value stocks from developed markets. AIVL was launched on Jun 16, 2006 and is managed by WisdomTree.