Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Drops By 74.6%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 420 shares, a decrease of 74.6% from the January 29th total of 1,656 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 6,903 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 6,903 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of ROBO Global Healthcare Technology and Innovation ETF

A hedge fund recently bought a new stake in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC purchased a new position in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned approximately 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. Hedge funds and other institutional investors own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

Shares of NYSEARCA:HTEC traded down $0.02 during trading hours on Friday, hitting $35.77. The company’s stock had a trading volume of 3,969 shares, compared to its average volume of 7,571. The firm’s fifty day moving average price is $36.32 and its 200 day moving average price is $33.86. ROBO Global Healthcare Technology and Innovation ETF has a 52 week low of $23.77 and a 52 week high of $38.50. The company has a market capitalization of $53.66 million, a price-to-earnings ratio of -9,997.21 and a beta of 1.11.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.3463 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 97.0%. ROBO Global Healthcare Technology and Innovation ETF’s payout ratio is -558.97%.

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.