Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 445,700 shares, a growth of 609.7% from the August 31st total of 62,800 shares. Based on an average daily trading volume, of 769,000 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 769,000 shares, the days-to-cover ratio is presently 0.6 days.
Dan IVES Wedbush AI Revolution ETF Price Performance
IVES opened at $33.04 on Friday. Dan IVES Wedbush AI Revolution ETF has a fifty-two week low of $25.07 and a fifty-two week high of $33.13. The firm has a market capitalization of $494.28 million, a price-to-earnings ratio of 27.36 and a beta of 1.74. The company’s 50 day moving average price is $29.37 and its two-hundred day moving average price is $36.67.
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Hedge Funds Weigh In On Dan IVES Wedbush AI Revolution ETF
A number of hedge funds have recently modified their holdings of the business. Albion Financial Group UT bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the second quarter worth $27,000. JFS Wealth Advisors LLC acquired a new position in Dan IVES Wedbush AI Revolution ETF during the 2nd quarter worth about $35,000. PNC Financial Services Group Inc. bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the 2nd quarter valued at about $155,000. Marino Stram & Associates LLC acquired a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the second quarter valued at about $261,000. Finally, Brown Advisory Inc. bought a new position in shares of Dan IVES Wedbush AI Revolution ETF during the second quarter worth about $479,000.
About Dan IVES Wedbush AI Revolution ETF
(Get Free Report)
The Wedbush ETFMG Global Cloud Technology ETF (IVES) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of global equities related to cloud technology companies. IVES was launched on Mar 8, 2016 and is managed by ETF Managers Group.
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Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) Sees Large Growth in Short Interest
