ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Up 1,022.4% in August

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 12,201 shares, a growth of 1,022.4% from the August 15th total of 1,087 shares. Based on an average daily trading volume, of 41,152 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.7% of the company’s stock are short sold.

Institutional Trading of ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new stake in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC acquired a new position in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned about 0.46% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent SEC filing. Institutional investors and hedge funds own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Stock Up 0.9%

Shares of NYSEARCA:HTEC traded up $0.35 during midday trading on Friday, reaching $40.77. The company had a trading volume of 29,270 shares, compared to its average volume of 15,046. ROBO Global Healthcare Technology and Innovation ETF has a 1-year low of $29.75 and a 1-year high of $43.78. The stock has a market cap of $73.39 million, a PE ratio of -11,394.63 and a beta of 1.05. The business’s 50 day moving average price is $40.21 and its 200 day moving average price is $36.32.

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.