VanEck Robotics ETF (NASDAQ:IBOT) Short Interest Update

VanEck Robotics ETF (NASDAQ:IBOTGet Free Report) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 4,472 shares, a decline of 95.0% from the December 15th total of 89,044 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 6,646 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 6,646 shares, the short-interest ratio is currently 0.7 days. Approximately 0.7% of the shares of the company are sold short.

VanEck Robotics ETF Stock Down 0.5%

Shares of NASDAQ:IBOT traded down $0.30 during trading on Tuesday, reaching $55.99. The stock had a trading volume of 4,467 shares, compared to its average volume of 15,086. The stock has a market cap of $34.71 million, a P/E ratio of 27.21 and a beta of 1.28. The business has a fifty day moving average price of $52.19 and a 200-day moving average price of $49.84. VanEck Robotics ETF has a fifty-two week low of $33.42 and a fifty-two week high of $56.39.

VanEck Robotics ETF Announces Dividend

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

Institutional Investors Weigh In On VanEck Robotics ETF

Several hedge funds have recently modified their holdings of IBOT. Avestar Capital LLC purchased a new stake in VanEck Robotics ETF during the 3rd quarter worth $1,983,000. Flow Traders U.S. LLC purchased a new stake in shares of VanEck Robotics ETF during the second quarter worth about $607,000. Accel Wealth Management purchased a new stake in shares of VanEck Robotics ETF during the third quarter worth about $453,000. Jane Street Group LLC acquired a new position in shares of VanEck Robotics ETF in the first quarter worth about $256,000. Finally, Glassman Wealth Services purchased a new position in VanEck Robotics ETF in the third quarter valued at about $79,000.

About VanEck Robotics ETF

(Get Free Report)

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.

Further Reading

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