ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 170,988 shares, a growth of 132.7% from the June 15th total of 73,495 shares. Based on an average daily volume of 240,304 shares, the short-interest ratio is currently 0.7 days. Approximately 0.7% of the company’s stock are short sold.

ROBO Global Robotics & Automation ETF Stock Performance

Shares of ROBO Global Robotics & Automation ETF stock traded up $0.22 during trading on Tuesday, hitting $80.78. 114,248 shares of the stock traded hands, compared to its average volume of 225,540. The stock has a market cap of $1.97 billion, a P/E ratio of 23.13 and a beta of 1.40. ROBO Global Robotics & Automation ETF has a twelve month low of $59.90 and a twelve month high of $90.51. The company has a fifty day moving average price of $84.95 and a two-hundred day moving average price of $77.81.

Hedge Funds Weigh In On ROBO Global Robotics & Automation ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ROBO. Allied Private Wealth LLC bought a new stake in ROBO Global Robotics & Automation ETF in the second quarter worth approximately $81,000. Noble Wealth Management PBC lifted its stake in shares of ROBO Global Robotics & Automation ETF by 105.6% in the 2nd quarter. Noble Wealth Management PBC now owns 4,688 shares of the company’s stock valued at $402,000 after purchasing an additional 2,408 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in ROBO Global Robotics & Automation ETF by 5.1% in the first quarter. Janney Montgomery Scott LLC now owns 6,100 shares of the company’s stock worth $417,000 after purchasing an additional 295 shares in the last quarter. Strive Financial Group LLC acquired a new position in ROBO Global Robotics & Automation ETF during the fourth quarter worth $264,000. Finally, Advisory Services Network LLC raised its holdings in ROBO Global Robotics & Automation ETF by 1,820.6% during the fourth quarter. Advisory Services Network LLC now owns 11,831 shares of the company’s stock valued at $820,000 after buying an additional 11,215 shares in the last quarter.

About ROBO Global Robotics & Automation ETF

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.