Short Interest in Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Decreases By 64.6%

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,266,511 shares, a decline of 64.6% from the July 30th total of 3,573,497 shares. Based on an average daily volume of 633,207 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.4% of the shares of the company are short sold.

Institutional Trading of Global X Robotics & Artificial Intelligence ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BOTZ. Baird Financial Group Inc. raised its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 6.2% during the second quarter. Baird Financial Group Inc. now owns 67,480 shares of the company’s stock worth $2,203,000 after purchasing an additional 3,918 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Global X Robotics & Artificial Intelligence ETF by 26.1% in the second 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. Triumph Capital Management purchased a new stake in Global X Robotics & Artificial Intelligence ETF in the third quarter valued at $210,000. Verity Asset Management Inc. acquired a new stake in Global X Robotics & Artificial Intelligence ETF during the 4th quarter worth about $594,000. Finally, Pinnacle Wealth Management Advisory Group LLC grew its position in Global X Robotics & Artificial Intelligence ETF by 11.7% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 121,194 shares of the company’s stock worth $4,391,000 after purchasing an additional 12,664 shares during the period.

Global X Robotics & Artificial Intelligence ETF Stock Performance

NASDAQ BOTZ traded down $0.44 during trading hours on Friday, reaching $35.70. The stock had a trading volume of 369,979 shares, compared to its average volume of 917,458. Global X Robotics & Artificial Intelligence ETF has a 52-week low of $31.88 and a 52-week high of $41.71. The stock has a fifty day moving average of $36.31 and a 200 day moving average of $37.07. The stock has a market cap of $3.33 billion, a P/E ratio of 27.41 and a beta of 1.47.

Global X Robotics & Artificial Intelligence ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a dividend of $0.018 per share. This represents a yield of 10.0%. The ex-dividend date was Monday, June 29th.

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.