Short Interest in Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Increases By 64.4%

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 48,000 shares, an increase of 64.4% from the March 31st total of 29,200 shares. Based on an average daily volume of 130,400 shares, the short-interest ratio is presently 0.4 days.

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

Several hedge funds have recently bought and sold shares of AIO. Wolverine Asset Management LLC lifted its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 1,881.3% in the 4th quarter. Wolverine Asset Management LLC now owns 135,163 shares of the company’s stock worth $2,352,000 after acquiring an additional 128,341 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 25.5% in the 4th quarter. Wells Fargo & Company MN now owns 600,063 shares of the company’s stock worth $10,441,000 after acquiring an additional 121,741 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 13.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 502,275 shares of the company’s stock worth $8,293,000 after acquiring an additional 61,325 shares in the last quarter. Shaker Financial Services LLC lifted its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 119.5% in the 4th quarter. Shaker Financial Services LLC now owns 81,204 shares of the company’s stock worth $1,422,000 after acquiring an additional 44,210 shares in the last quarter. Finally, Karpus Management Inc. lifted its stake in Virtus Artificial Intelligence & Technology Opportunities Fund by 3.8% in the 4th quarter. Karpus Management Inc. now owns 954,715 shares of the company’s stock worth $16,612,000 after acquiring an additional 34,806 shares in the last quarter.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Up 1.4 %

Shares of NYSE AIO opened at $19.43 on Friday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12 month low of $15.09 and a 12 month high of $20.25. The business has a fifty day simple moving average of $19.54 and a 200-day simple moving average of $18.12.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, April 11th will be issued a dividend of $0.15 per share. This represents a dividend yield of 8.97%. The ex-dividend date of this dividend is Wednesday, April 10th.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

The Fund seeks to generate a stable income stream and growth of capital by focusing on one of the most significant long-term secular growth opportunities in markets today. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company’s debt and equity in order to offer an attractive risk/reward profile.