VanEck Robotics ETF (NASDAQ:IBOT) Short Interest Update

VanEck Robotics ETF (NASDAQ:IBOT) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 7,452 shares, a growth of 66.6% from the December 31st total of 4,472 shares. Based on an average daily volume of 15,795 shares, the short-interest ratio is currently 0.5 days. Currently, 1.1% of the shares of the company are sold short. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 15,795 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Accel Wealth Management increased its holdings in shares of VanEck Robotics ETF by 8.8% during the fourth quarter. Accel Wealth Management now owns 9,867 shares of the company’s stock worth $519,000 after purchasing an additional 800 shares during the period. Glassman Wealth Services acquired a new position in VanEck Robotics ETF in the 3rd quarter valued at $79,000. Jane Street Group LLC bought a new stake in shares of VanEck Robotics ETF during the 1st quarter valued at $256,000. Flow Traders U.S. LLC acquired a new stake in shares of VanEck Robotics ETF during the 2nd quarter worth $607,000. Finally, Avestar Capital LLC bought a new position in shares of VanEck Robotics ETF in the third quarter worth $1,983,000.

VanEck Robotics ETF Trading Down 1.7%

Shares of NASDAQ:IBOT traded down $1.01 on Friday, hitting $57.01. The company had a trading volume of 10,839 shares, compared to its average volume of 16,047. The stock has a market cap of $41.62 million, a price-to-earnings ratio of 27.21 and a beta of 1.28. The stock has a 50 day moving average price of $53.99 and a 200 day moving average price of $50.85. VanEck Robotics ETF has a 1-year low of $33.42 and a 1-year high of $58.16.

VanEck Robotics ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 22nd. This represents a yield of 38.0%.

About VanEck Robotics ETF

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.