ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 73,495 shares, a decrease of 86.7% from the May 31st total of 553,318 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 334,380 shares, the days-to-cover ratio is presently 0.2 days.

ROBO Global Robotics & Automation ETF Price Performance

ROBO Global Robotics & Automation ETF stock traded down $1.55 during midday trading on Friday, hitting $81.89. 125,388 shares of the stock were exchanged, compared to its average volume of 227,426. ROBO Global Robotics & Automation ETF has a 1 year low of $59.16 and a 1 year high of $90.51. The firm has a market cap of $1.80 billion, a P/E ratio of 23.13 and a beta of 1.40. The company has a 50 day moving average price of $84.01 and a two-hundred day moving average price of $76.62.

Institutional Trading of ROBO Global Robotics & Automation ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Archer Investment Corp purchased a new position in ROBO Global Robotics & Automation ETF in the fourth quarter valued at about $30,000. Atlas Capital Advisors Inc. purchased a new stake in ROBO Global Robotics & Automation ETF during the 4th quarter worth approximately $39,000. Strive Financial Group LLC purchased a new stake in ROBO Global Robotics & Automation ETF during the 4th quarter worth approximately $264,000. NewEdge Advisors LLC raised its position in shares of ROBO Global Robotics & Automation ETF by 593.3% in the 1st quarter. NewEdge Advisors LLC now owns 6,441 shares of the company’s stock valued at $332,000 after purchasing an additional 5,512 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of ROBO Global Robotics & Automation ETF by 280.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,006 shares of the company’s stock valued at $359,000 after buying an additional 4,429 shares during the last quarter.

About ROBO Global Robotics & Automation ETF

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.