Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Grows By 554.3%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,651 shares, a growth of 554.3% from the May 31st total of 558 shares. Based on an average daily volume of 10,181 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

ROBO Global Healthcare Technology and Innovation ETF Stock Performance

Shares of NYSEARCA:HTEC traded up $1.43 during midday trading on Friday, reaching $38.25. 14,019 shares of the company’s stock traded hands, compared to its average volume of 8,110. The company has a market cap of $59.29 million, a price-to-earnings ratio of -10,690.33 and a beta of 1.07. ROBO Global Healthcare Technology and Innovation ETF has a one year low of $27.59 and a one year high of $38.50. The stock has a 50 day moving average of $34.37 and a 200 day moving average of $34.90.

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.