ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Down 87.5% in May

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 558 shares, a drop of 87.5% from the May 14th total of 4,477 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 7,917 shares, the short-interest ratio is currently 0.1 days.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

Shares of NYSEARCA HTEC traded up $0.39 during mid-day trading on Thursday, hitting $35.12. The company had a trading volume of 13,514 shares, compared to its average volume of 8,353. The stock has a market cap of $54.44 million, a price-to-earnings ratio of -9,815.54 and a beta of 1.07. ROBO Global Healthcare Technology and Innovation ETF has a 12 month low of $26.12 and a 12 month high of $38.50. The firm’s 50 day simple moving average is $33.91 and its two-hundred day simple moving average is $34.92.

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.