iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,003,429 shares, an increase of 66.0% from the August 15th total of 1,207,194 shares. Based on an average daily trading volume, of 2,295,922 shares, the short-interest ratio is presently 0.9 days. Approximately 0.7% of the shares of the company are short sold.
Institutional Trading of iShares A.I. Innovation and Tech Active ETF
Large investors have recently added to or reduced their stakes in the business. Team Financial Group LLC raised its position in shares of iShares A.I. Innovation and Tech Active ETF by 52.7% during the 1st quarter. Team Financial Group LLC now owns 1,472 shares of the company’s stock worth $48,000 after buying an additional 508 shares in the last quarter. Wells Financial Advisors INC lifted its position in shares of iShares A.I. Innovation and Tech Active ETF by 87.0% during the 2nd quarter. Wells Financial Advisors INC now owns 1,141 shares of the company’s stock valued at $60,000 after acquiring an additional 531 shares during the last quarter. Nemes Rush Group LLC lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 531.6% during the fourth quarter. Nemes Rush Group LLC now owns 1,099 shares of the company’s stock valued at $37,000 after purchasing an additional 925 shares during the last quarter. Sound Income Strategies LLC lifted its stake in iShares A.I. Innovation and Tech Active ETF by 7.3% during the first quarter. Sound Income Strategies LLC now owns 14,156 shares of the company’s stock valued at $482,000 after buying an additional 958 shares in the last quarter. Finally, Bogart Wealth LLC purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the 1st quarter valued at approximately $32,000.
iShares A.I. Innovation and Tech Active ETF Trading Up 1.5%
NYSEARCA:BAI opened at $43.17 on Thursday. The firm has a market capitalization of $13.46 billion, a PE ratio of 45.43 and a beta of 2.38. The stock has a 50 day moving average of $44.16 and a 200-day moving average of $43.20. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $30.82 and a 52 week high of $54.46.
About iShares A.I. Innovation and Tech Active ETF
The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.
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