ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Sees Significant Increase in Short Interest

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 12,930 shares, a growth of 381.4% from the October 15th total of 2,686 shares. Based on an average daily trading volume, of 59,242 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.5% of the company’s stock are short sold.

ROBO Global Healthcare Technology and Innovation ETF Trading Down 0.1%

Shares of ROBO Global Healthcare Technology and Innovation ETF stock traded down $0.06 during trading hours on Friday, reaching $44.01. 150,196 shares of the company’s stock were exchanged, compared to its average volume of 29,245. The company has a 50 day moving average of $43.67 and a two-hundred day moving average of $37.97. ROBO Global Healthcare Technology and Innovation ETF has a fifty-two week low of $31.84 and a fifty-two week high of $47.25. The stock has a market cap of $109.14 million, a P/E ratio of -12,300.17 and a beta of 1.05.

Institutional Trading of ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently raised its position in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC boosted its stake in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) by 8.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,032 shares of the company’s stock after purchasing an additional 686 shares during the period. Capital Square LLC owned 0.36% of ROBO Global Healthcare Technology and Innovation ETF worth $401,000 as of its most recent filing with the SEC. 1.96% of the stock is currently owned by hedge funds and other institutional investors.

ROBO Global Healthcare Technology and Innovation ETF Company Profile

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.