ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,100 shares, a drop of 97.4% from the September 30th total of 79,813 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 52,899 shares, the short-interest ratio is currently 0.0 days.
ROBO Global Artificial Intelligence ETF Trading Up 1.4%
THNQ traded up $1.27 during trading on Tuesday, reaching $90.66. 3,725 shares of the company were exchanged, compared to its average volume of 25,876. The stock has a market cap of $475.96 million, a P/E ratio of 39.78 and a beta of 1.49. The firm has a 50 day moving average of $92.69 and a 200 day moving average of $78.87. ROBO Global Artificial Intelligence ETF has a 52 week low of $55.58 and a 52 week high of $102.49.
Hedge Funds Weigh In On ROBO Global Artificial Intelligence ETF
A hedge fund recently raised its position in ROBO Global Artificial Intelligence ETF stock. Valley Wealth Managers Inc. increased its position in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Free Report) by 20.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,048 shares of the company’s stock after acquiring an additional 3,736 shares during the period. Valley Wealth Managers Inc. owned approximately 0.43% of ROBO Global Artificial Intelligence ETF worth $2,142,000 at the end of the most recent reporting period.
ROBO Global Artificial Intelligence ETF Company Profile
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.
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