Short Interest in Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Decreases By 34.6%

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 255,500 shares, a drop of 34.6% from the August 31st total of 390,400 shares. Based on an average daily volume of 623,700 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 623,700 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Global X Robotics & Artificial Intelligence ETF

Several large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of Global X Robotics & Artificial Intelligence ETF by 66.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,012,710 shares of the company’s stock worth $33,065,000 after acquiring an additional 404,916 shares during the last quarter. OLD Mission Capital LLC purchased a new position in Global X Robotics & Artificial Intelligence ETF during the first quarter worth about $19,184,000. Ameriprise Financial Inc. boosted its holdings in Global X Robotics & Artificial Intelligence ETF by 26.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 441,085 shares of the company’s stock valued at $14,401,000 after purchasing an additional 91,290 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Global X Robotics & Artificial Intelligence ETF by 18.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 220,088 shares of the company’s stock valued at $6,264,000 after buying an additional 33,827 shares during the period. Finally, Sterling Investment Advisors Ltd. increased its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 4.3% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 119,625 shares of the company’s stock worth $3,906,000 after buying an additional 4,925 shares during the last quarter.

Global X Robotics & Artificial Intelligence ETF Price Performance

BOTZ stock opened at $37.40 on Tuesday. Global X Robotics & Artificial Intelligence ETF has a 1 year low of $23.82 and a 1 year high of $37.55. The firm has a market capitalization of $3.16 billion, a PE ratio of 27.41 and a beta of 1.25. The business has a 50 day simple moving average of $34.23 and a 200-day simple moving average of $31.65.

Global X Robotics & Artificial Intelligence ETF Company Profile

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.