Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) Short Interest Up 138.5% in June

Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 963,400 shares, a growth of 138.5% from the May 31st total of 404,020 shares. Based on an average daily trading volume, of 1,707,715 shares, the short-interest ratio is currently 0.6 days. Currently, 7.0% of the shares of the company are sold short.

Defiance AI and Power Infrastructure ETF Trading Down 2.9%

Shares of Defiance AI and Power Infrastructure ETF stock traded down $0.96 on Wednesday, reaching $32.45. 416,929 shares of the company were exchanged, compared to its average volume of 781,575. Defiance AI and Power Infrastructure ETF has a 1-year low of $19.17 and a 1-year high of $34.79. The stock has a 50-day moving average price of $32.05.

Institutional Trading of Defiance AI and Power Infrastructure ETF

An institutional investor recently raised its position in Defiance AI and Power Infrastructure ETF stock. AdvisorNet Financial Inc increased its stake in Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) by 119.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,100 shares of the company’s stock after purchasing an additional 6,050 shares during the quarter. AdvisorNet Financial Inc owned about 0.11% of Defiance AI and Power Infrastructure ETF worth $277,000 at the end of the most recent quarter.

Defiance AI & Power Infrastructure ETF (NASDAQ: AIPO) is a thematic exchange-traded fund offered by Defiance ETFs that seeks to provide investors with exposure to companies operating at the intersection of artificial intelligence and power infrastructure. The fund targets firms involved in the development, production and deployment of AI technologies alongside businesses that design, build or operate electric power systems and related infrastructure.

Holdings typically span technology and industrial sectors, including companies that supply AI hardware and software, semiconductors and data-center infrastructure, as well as utilities, grid modernization firms, renewable energy developers and companies focused on transmission, distribution and energy storage.