Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Short Interest Update

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,090,075 shares, an increase of 78.5% from the May 31st total of 1,731,168 shares. Based on an average daily volume of 1,050,163 shares, the days-to-cover ratio is presently 2.9 days. Approximately 3.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BOTZ. Baird Financial Group Inc. grew its stake in shares of Global X Robotics & Artificial Intelligence ETF by 6.2% during the second quarter. Baird Financial Group Inc. now owns 67,480 shares of the company’s stock worth $2,203,000 after purchasing an additional 3,918 shares during the period. Ameriprise Financial Inc. lifted its stake in Global X Robotics & Artificial Intelligence ETF by 26.1% in the second quarter. Ameriprise Financial Inc. now owns 441,085 shares of the company’s stock valued at $14,401,000 after buying an additional 91,290 shares during the period. Triumph Capital Management acquired a new position in Global X Robotics & Artificial Intelligence ETF in the third quarter valued at about $210,000. IFP Advisors Inc boosted its holdings in Global X Robotics & Artificial Intelligence ETF by 132.2% during the third quarter. IFP Advisors Inc now owns 3,033 shares of the company’s stock worth $107,000 after buying an additional 1,727 shares during the last quarter. Finally, Saranac Partners Ltd bought a new position in Global X Robotics & Artificial Intelligence ETF during the third quarter worth about $32,000.

Global X Robotics & Artificial Intelligence ETF Price Performance

NASDAQ BOTZ opened at $37.39 on Friday. The firm has a market cap of $3.48 billion, a PE ratio of 27.41 and a beta of 1.46. Global X Robotics & Artificial Intelligence ETF has a one year low of $31.87 and a one year high of $41.71. The stock’s 50 day simple moving average is $38.78 and its 200 day simple moving average is $37.38.

Global X Robotics & Artificial Intelligence ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th will be paid a dividend of $0.018 per share. The ex-dividend date of this dividend is Monday, June 29th.

About Global X Robotics & Artificial Intelligence ETF

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.