Short Interest in Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Increases By 174.5%

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 33,141 shares, a growth of 174.5% from the December 31st total of 12,073 shares. Based on an average daily volume of 163,556 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 163,556 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Virtus Artificial Intelligence & Technology Opportunities Fund

Institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. acquired a new position in Virtus Artificial Intelligence & Technology Opportunities Fund in the 2nd quarter worth $25,000. Cornerstone Planning Group LLC lifted its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 994.1% in the third quarter. Cornerstone Planning Group LLC now owns 1,116 shares of the company’s stock valued at $27,000 after purchasing an additional 1,014 shares in the last quarter. Spire Wealth Management acquired a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the second quarter worth about $32,000. Geneos Wealth Management Inc. bought a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the third quarter worth about $43,000. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the second quarter worth about $148,000.

Virtus Artificial Intelligence & Technology Opportunities Fund Trading Up 0.4%

Shares of AIO opened at $22.86 on Thursday. The stock has a 50 day simple moving average of $22.77 and a 200 day simple moving average of $23.68. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52-week low of $16.18 and a 52-week high of $25.69.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Announcement

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

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

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.