Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund (NYSE:AIO – Get Ranking) was the goal of a giant enhance in brief curiosity in June. As of June thirtieth, there was brief curiosity totalling 6,800 shares, a rise of 183.3% from the June fifteenth complete of two,400 shares. Primarily based on a median buying and selling quantity of 128,400 shares, the days-to-cover ratio is presently 0.1 days.
Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund inventory opened at $16.28 on Friday. Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund has a 52 week low of $15.56 and a 52 week excessive of $28.67. The corporate’s 50 day transferring common worth is $17.08 and its two-hundred day transferring common worth is $20.27.
The corporate additionally lately introduced a month-to-month dividend, which might be paid on Monday, October third. Shareholders of file on Monday, September twelfth might be given a dividend of $0.15 per share. The ex-dividend date is Friday, September ninth. This represents a $1.80 annualized dividend and a dividend yield of 11.06%.
A number of institutional buyers have lately purchased and bought shares of AIO. Spire Wealth Administration purchased a brand new place in shares of Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund in the course of the 1st quarter price roughly $29,000. Moisand Fitzgerald Tamayo LLC purchased a brand new place in shares of Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund in the course of the 4th quarter price roughly $31,000. Covington Capital Administration purchased a brand new place in shares of Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund in the course of the 2nd quarter price roughly $56,000. Blue Bell Personal Wealth Administration LLC lifted its place in shares of Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund by 369.1% in the course of the 4th quarter. Blue Bell Personal Wealth Administration LLC now owns 3,753 shares of the corporate’s inventory price $93,000 after shopping for a further 2,953 shares within the final quarter. Lastly, Steward Companions Funding Advisory LLC purchased a brand new place in shares of Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund in the course of the 4th quarter price roughly $107,000.
Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund Firm Profile (Get Ranking)
The Fund seeks to generate a steady earnings stream and progress of capital by specializing in some of the important long-term secular progress alternatives in markets at this time. A multi-asset method primarily based on basic analysis is employed, dynamically allocating to engaging segments of an organization’s debt and fairness with a view to supply a lovely threat/reward profile.
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