ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Short Interest Update

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 54,300 shares, a decline of 42.9% from the August 31st total of 95,100 shares. Based on an average daily volume of 28,400 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily volume of 28,400 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC acquired a new stake in shares of ROBO Global Artificial Intelligence ETF in the 1st quarter valued at $1,219,000. Strategic Advocates LLC increased its holdings in shares of ROBO Global Artificial Intelligence ETF by 18.9% during the first quarter. Strategic Advocates LLC now owns 27,254 shares of the company’s stock worth $1,206,000 after buying an additional 4,333 shares in the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of ROBO Global Artificial Intelligence ETF by 29.4% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,100 shares of the company’s stock valued at $49,000 after acquiring an additional 250 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new position in shares of ROBO Global Artificial Intelligence ETF in the 2nd quarter worth approximately $213,000.

ROBO Global Artificial Intelligence ETF Trading Down 0.1%

Shares of THNQ opened at $66.56 on Monday. The stock has a market cap of $296.19 million, a PE ratio of 39.78 and a beta of 1.21. ROBO Global Artificial Intelligence ETF has a 1 year low of $37.03 and a 1 year high of $67.28. The stock has a 50 day simple moving average of $59.86 and a 200-day simple moving average of $52.96.

About ROBO Global Artificial Intelligence ETF

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.