ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Shares Shorted: Short Interest Down 81.1% in September

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 2,300 shares, a decline of 81.1% from the August 31st total of 12,201 shares. Based on an average daily trading volume, of 22,650 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On ROBO Global Healthcare Technology and Innovation ETF

A hedge fund recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Capital Square LLC acquired a new position in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,346 shares of the company’s stock, valued at approximately $319,000. Capital Square LLC owned 0.46% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Stock Up 0.4%

Shares of HTEC stock traded up $0.19 during mid-day trading on Friday, reaching $44.36. 48,094 shares of the company’s stock traded hands, compared to its average volume of 15,696. ROBO Global Healthcare Technology and Innovation ETF has a 12 month low of $29.93 and a 12 month high of $44.44. The company has a market cap of $75.41 million, a P/E ratio of -12,397.99 and a beta of 1.05. The company’s 50-day moving average price is $41.16 and its 200-day moving average price is $36.89.

About ROBO Global Healthcare Technology and Innovation ETF

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.