ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Short Interest Update

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,512 shares, a decrease of 30.3% from the December 31st total of 2,170 shares. Based on an average daily trading volume, of 6,198 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 6,198 shares, the days-to-cover ratio is presently 0.2 days.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

Shares of NYSEARCA:HTEC traded down $0.25 during trading on Friday, hitting $36.52. The company had a trading volume of 4,868 shares, compared to its average volume of 8,268. ROBO Global Healthcare Technology and Innovation ETF has a one year low of $23.77 and a one year high of $38.50. The stock has a market cap of $54.78 million, a price-to-earnings ratio of -10,206.82 and a beta of 1.11. The company has a fifty day simple moving average of $36.44 and a two-hundred day simple moving average of $32.91.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.3463 dividend. This represents a yield of 97.0%. The ex-dividend date of this dividend was Tuesday, December 30th. ROBO Global Healthcare Technology and Innovation ETF’s payout ratio is currently -558.97%.

Hedge Funds Weigh In On ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned approximately 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. 1.96% of the stock is owned by institutional investors and hedge funds.

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.