Short Interest in Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Decreases By 36.6%

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 922,158 shares, a drop of 36.6% from the February 26th total of 1,454,557 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average trading volume of 1,168,892 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC acquired a new stake in shares of Global X Robotics & Artificial Intelligence ETF during the third quarter worth about $27,000. Rossby Financial LCC increased its holdings in Global X Robotics & Artificial Intelligence ETF by 769.5% in the 3rd quarter. Rossby Financial LCC now owns 826 shares of the company’s stock worth $29,000 after buying an additional 731 shares during the period. Modus Advisors LLC acquired a new position in Global X Robotics & Artificial Intelligence ETF in the 4th quarter worth approximately $31,000. Saranac Partners Ltd purchased a new position in Global X Robotics & Artificial Intelligence ETF during the 3rd quarter worth approximately $32,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of Global X Robotics & Artificial Intelligence ETF in the 4th quarter valued at $35,000.

Global X Robotics & Artificial Intelligence ETF Trading Down 3.2%

NASDAQ BOTZ opened at $33.29 on Friday. The firm’s fifty day simple moving average is $37.08 and its two-hundred day simple moving average is $36.47. The firm has a market capitalization of $3.00 billion, a P/E ratio of 27.41 and a beta of 1.36. Global X Robotics & Artificial Intelligence ETF has a 12-month low of $23.82 and a 12-month high of $39.78.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were paid a dividend of $0.158 per share. This represents a yield of 86.0%. The ex-dividend date was Tuesday, December 30th.

About Global X Robotics & Artificial Intelligence ETF

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.