ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Up 42.1% in December

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 6,038 shares, an increase of 42.1% from the December 15th total of 4,250 shares. Based on an average trading volume of 16,010 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 16,010 shares, the days-to-cover ratio is presently 0.4 days.

ROBO Global Artificial Intelligence ETF Stock Performance

THNQ stock traded up $0.26 during midday trading on Friday, reaching $65.47. The company’s stock had a trading volume of 19,272 shares, compared to its average volume of 19,307. ROBO Global Artificial Intelligence ETF has a 1 year low of $37.03 and a 1 year high of $69.30. The firm has a market capitalization of $299.20 million, a price-to-earnings ratio of 39.78 and a beta of 1.33. The stock has a fifty day simple moving average of $64.48 and a two-hundred day simple moving average of $61.99.

ROBO Global Artificial Intelligence ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.13 dividend. This represents a yield of 20.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of ROBO Global Artificial Intelligence ETF

A number of large investors have recently modified their holdings of the company. Strategic Advocates LLC raised its stake in shares of ROBO Global Artificial Intelligence ETF by 4.2% during the 3rd quarter. Strategic Advocates LLC now owns 30,059 shares of the company’s stock worth $1,925,000 after acquiring an additional 1,225 shares in the last quarter. GPS Wealth Strategies Group LLC acquired a new stake in ROBO Global Artificial Intelligence ETF in the third quarter valued at approximately $92,000. NewEdge Advisors LLC purchased a new position in ROBO Global Artificial Intelligence ETF in the third quarter worth $159,000. Arkadios Wealth Advisors purchased a new position in ROBO Global Artificial Intelligence ETF during the 2nd quarter worth $213,000. Finally, Cary Street Partners Financial LLC acquired a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter valued at about $479,000.

About ROBO Global Artificial Intelligence ETF

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.