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

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 28,413 shares, a drop of 63.9% from the May 14th total of 78,740 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 37,020 shares, the days-to-cover ratio is currently 0.8 days.

ROBO Global Artificial Intelligence ETF Stock Up 0.6%

THNQ traded up $0.54 during trading on Friday, reaching $86.15. The company had a trading volume of 29,124 shares, compared to its average volume of 21,493. The stock has a market cap of $390.26 million, a P/E ratio of 39.78 and a beta of 1.48. The business has a 50 day simple moving average of $76.40 and a 200-day simple moving average of $67.96. ROBO Global Artificial Intelligence ETF has a 52 week low of $51.38 and a 52 week high of $93.59.

Institutional Trading of ROBO Global Artificial Intelligence ETF

A number of institutional investors have recently bought and sold shares of THNQ. Flow Traders U.S. LLC bought a new stake in ROBO Global Artificial Intelligence ETF in the third quarter worth $1,333,000. Cary Street Partners Financial LLC purchased a new stake in ROBO Global Artificial Intelligence ETF in the third quarter worth $479,000. Janney Montgomery Scott LLC purchased a new stake in ROBO Global Artificial Intelligence ETF in the fourth quarter worth $281,000. NewEdge Advisors LLC purchased a new stake in ROBO Global Artificial Intelligence ETF in the third quarter worth $159,000. Finally, Strategic Advocates LLC increased its stake in ROBO Global Artificial Intelligence ETF by 4.2% in the fourth quarter. Strategic Advocates LLC now owns 31,314 shares of the company’s stock worth $2,001,000 after purchasing an additional 1,255 shares during the period.

ROBO Global Artificial Intelligence ETF Company Profile

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.