ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) Short Interest Update

ROBO Global Robotics & Automation ETF (NYSEARCA:ROBO) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 92,960 shares, a drop of 59.5% from the April 30th total of 229,534 shares. Based on an average trading volume of 191,792 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Trading of ROBO Global Robotics & Automation ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Archer Investment Corp acquired a new stake in ROBO Global Robotics & Automation ETF in the 4th quarter worth about $30,000. Atlas Capital Advisors Inc. acquired a new position in shares of ROBO Global Robotics & Automation ETF in the 4th quarter valued at approximately $39,000. GPS Wealth Strategies Group LLC raised its position in shares of ROBO Global Robotics & Automation ETF by 2,118.6% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 2,263 shares of the company’s stock valued at $148,000 after buying an additional 2,161 shares in the last quarter. Strive Financial Group LLC acquired a new position in shares of ROBO Global Robotics & Automation ETF in the 4th quarter valued at approximately $264,000. Finally, Farther Finance Advisors LLC raised its position in shares of ROBO Global Robotics & Automation ETF by 15.5% in the 4th quarter. Farther Finance Advisors LLC now owns 5,200 shares of the company’s stock valued at $360,000 after buying an additional 699 shares in the last quarter.

ROBO Global Robotics & Automation ETF Stock Down 0.3%

Shares of NYSEARCA ROBO traded down $0.28 during mid-day trading on Friday, reaching $88.64. 233,996 shares of the company were exchanged, compared to its average volume of 215,322. The company’s 50-day simple moving average is $78.52 and its 200-day simple moving average is $74.23. The stock has a market capitalization of $1.94 billion, a P/E ratio of 23.13 and a beta of 1.39. ROBO Global Robotics & Automation ETF has a twelve month low of $55.33 and a twelve month high of $90.10.

About ROBO Global Robotics & Automation ETF

The Robo Global Robotics and Automation Index ETF (ROBO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy. ROBO was launched on Oct 22, 2013 and is managed by ROBO Global.