ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Stock Short Interest Climbs 381.4%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 12,930 shares, an increase of 381.4% from the October 15th total of 2,686 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 59,242 shares, the days-to-cover ratio is presently 0.2 days.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

NYSEARCA:HTEC traded down $1.07 on Thursday, reaching $44.07. 546,763 shares of the company’s stock were exchanged, compared to its average volume of 28,686. The firm has a market cap of $108.85 million, a price-to-earnings ratio of -12,316.94 and a beta of 1.06. ROBO Global Healthcare Technology and Innovation ETF has a 52 week low of $31.84 and a 52 week high of $47.25. The stock has a fifty day simple moving average of $43.67 and a 200-day simple moving average of $37.97.

Institutional Trading of ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently raised its position in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC raised its holdings in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) by 8.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,032 shares of the company’s stock after acquiring an additional 686 shares during the quarter. Capital Square LLC owned about 0.36% of ROBO Global Healthcare Technology and Innovation ETF worth $401,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 1.96% of the stock is currently owned by institutional investors.

ROBO Global Healthcare Technology and Innovation ETF Company Profile

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.