Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Short Interest Update

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the target of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 460,300 shares, a decrease of 30.1% from the May 15th total of 658,200 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 636,600 shares, the short-interest ratio is presently 0.7 days.

Global X Robotics & Artificial Intelligence ETF Stock Performance

Shares of NASDAQ:BOTZ opened at $31.04 on Thursday. The company has a 50-day simple moving average of $29.70 and a 200-day simple moving average of $31.16. Global X Robotics & Artificial Intelligence ETF has a one year low of $23.82 and a one year high of $34.86. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 30.91 and a beta of 1.25.

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BOTZ. OLD Mission Capital LLC purchased a new stake in shares of Global X Robotics & Artificial Intelligence ETF in the first quarter valued at about $19,184,000. JPMorgan Chase & Co. raised its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 84.9% in the fourth quarter. JPMorgan Chase & Co. now owns 544,384 shares of the company’s stock valued at $17,393,000 after buying an additional 249,987 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Global X Robotics & Artificial Intelligence ETF in the first quarter valued at about $2,449,000. Kingswood Wealth Advisors LLC increased its holdings in Global X Robotics & Artificial Intelligence ETF by 210.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 52,859 shares of the company’s stock valued at $1,507,000 after buying an additional 35,809 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Global X Robotics & Artificial Intelligence ETF by 18.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 220,088 shares of the company’s stock valued at $6,264,000 after buying an additional 33,827 shares in the last quarter.

About Global X Robotics & Artificial Intelligence ETF

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.