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 increase in short interest during the month of July. As of July 15th, there was short interest totaling 523,477 shares, an increase of 190.8% from the June 30th total of 180,003 shares. Based on an average daily volume of 485,097 shares, the short-interest ratio is presently 1.1 days. Approximately 6.1% of the shares of the company are sold short.

Hedge Funds Weigh In On WisdomTree Artificial Intelligence and Innovation Fund

A number of large investors have recently bought and sold shares of the business. Sherman Asset Management Inc. boosted its stake in WisdomTree Artificial Intelligence and Innovation Fund by 141.7% in the first quarter. Sherman Asset Management Inc. now owns 1,675 shares of the company’s stock valued at $47,000 after acquiring an additional 982 shares during the period. Team Financial Group LLC bought a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund in the 1st quarter worth approximately $47,000. Private Trust Co. NA lifted its holdings in shares of WisdomTree Artificial Intelligence and Innovation Fund by 1,017.9% in the 4th quarter. Private Trust Co. NA now owns 1,621 shares of the company’s stock worth $47,000 after purchasing an additional 1,476 shares during the last quarter. Berbice Capital Management LLC bought a new stake in shares of WisdomTree Artificial Intelligence and Innovation Fund in the 4th quarter worth approximately $51,000. Finally, Farther Finance Advisors LLC boosted its position in WisdomTree Artificial Intelligence and Innovation Fund by 62.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,957 shares of the company’s stock valued at $86,000 after purchasing an additional 1,133 shares during the period.

WisdomTree Artificial Intelligence and Innovation Fund Stock Performance

WisdomTree Artificial Intelligence and Innovation Fund stock opened at $36.50 on Wednesday. The firm’s 50-day moving average is $43.30 and its 200-day moving average is $35.76. WisdomTree Artificial Intelligence and Innovation Fund has a 1 year low of $24.40 and a 1 year high of $48.89. The company has a market cap of $313.90 million, a P/E 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.