ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Down 30.3% in January

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,512 shares, a decrease of 30.3% from the December 31st total of 2,170 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 6,198 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 6,198 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC bought a new position in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. 1.96% of the stock is owned by hedge funds and other institutional investors.

ROBO Global Healthcare Technology and Innovation ETF Stock Performance

Shares of NYSEARCA HTEC traded down $0.25 during trading hours on Friday, hitting $36.52. The company’s stock had a trading volume of 4,868 shares, compared to its average volume of 8,268. ROBO Global Healthcare Technology and Innovation ETF has a 12 month low of $23.77 and a 12 month high of $38.50. The stock has a market cap of $54.78 million, a price-to-earnings ratio of -10,206.82 and a beta of 1.11. The business has a 50-day simple moving average of $36.44 and a 200-day simple moving average of $32.87.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.3463 dividend. This represents a dividend yield of 97.0%. The ex-dividend date was Tuesday, December 30th. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio (DPR) is currently -558.97%.

About ROBO Global Healthcare Technology and Innovation ETF

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.