ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Down 82.8% in July

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 73,369 shares, a decrease of 82.8% from the July 15th total of 425,844 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 141,040 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its stake in shares of ROBO Global Robotics & Automation ETF by 5.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,100 shares of the company’s stock worth $417,000 after acquiring an additional 295 shares during the last quarter. Beck Capital Management LLC lifted its stake in ROBO Global Robotics & Automation ETF by 4.1% in the fourth quarter. Beck Capital Management LLC now owns 10,544 shares of the company’s stock worth $731,000 after purchasing an additional 419 shares during the last quarter. Archer Investment Corp bought a new position in shares of ROBO Global Robotics & Automation ETF in the fourth quarter worth about $30,000. Atlas Capital Advisors Inc. purchased a new stake in shares of ROBO Global Robotics & Automation ETF in the fourth quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of ROBO Global Robotics & Automation ETF by 15.5% in the 4th quarter. Farther Finance Advisors LLC now owns 5,200 shares of the company’s stock valued at $360,000 after purchasing an additional 699 shares in the last quarter.

ROBO Global Robotics & Automation ETF Stock Up 0.5%

Shares of ROBO stock traded up $0.41 during mid-day trading on Wednesday, reaching $84.41. 35,301 shares of the stock traded hands, compared to its average volume of 214,480. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 23.13 and a beta of 1.41. The stock’s fifty day simple moving average is $82.36 and its two-hundred day simple moving average is $78.97. ROBO Global Robotics & Automation ETF has a 1-year low of $61.93 and a 1-year high of $90.51.

ROBO Global Robotics & Automation ETF Company Profile

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.