Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Short Interest Update

by · The Markets Daily

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO – Get Free Report) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 13,978 shares, a decrease of 57.8% from the January 15th total of 33,141 shares. Based on an average daily volume of 106,518 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 106,518 shares, the short-interest ratio is currently 0.1 days.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Down 1.1%

NYSE:AIO traded down $0.25 during mid-day trading on Thursday, reaching $22.57. The company’s stock had a trading volume of 135,160 shares, compared to its average volume of 135,219. The company’s fifty day simple moving average is $22.72 and its two-hundred day simple moving average is $23.54. Virtus Artificial Intelligence & Technology Opportunities Fund has a twelve month low of $16.18 and a twelve month high of $25.47.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Friday, January 9th. Stockholders of record on Monday, December 29th were given a $1.191 dividend. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AIO. Truist Financial Corp lifted its position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 2.8% during the fourth quarter. Truist Financial Corp now owns 16,364 shares of the company’s stock worth $356,000 after purchasing an additional 446 shares in the last quarter. NBC Securities Inc. lifted its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 8.5% in the 4th quarter. NBC Securities Inc. now owns 7,153 shares of the company’s stock worth $156,000 after buying an additional 561 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Virtus Artificial Intelligence & Technology Opportunities Fund by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 44,497 shares of the company’s stock valued at $997,000 after buying an additional 724 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 4.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 20,065 shares of the company’s stock valued at $436,000 after acquiring an additional 847 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the second quarter worth about $25,000.

About Virtus Artificial Intelligence & Technology Opportunities Fund

(Get Free Report)

The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) is a non-diversified, closed-end management investment company designed to provide shareholders with exposure to companies that derive a significant portion of their revenues from the development or use of artificial intelligence and related technologies. The Fund seeks to achieve long-term capital appreciation by identifying businesses that are positioned to benefit from ongoing advancements in AI, machine learning, robotics, data analytics, cloud computing, and semiconductor manufacturing.

Investment selections are made through a fundamental research process that emphasizes both thematic expertise and company-specific analysis.

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