Short Interest in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Declines By 74.6%

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 420 shares, a decline of 74.6% from the January 29th total of 1,656 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 6,903 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 6,903 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

ROBO Global Healthcare Technology and Innovation ETF Stock Performance

Shares of NYSEARCA HTEC traded up $0.25 during midday trading on Thursday, reaching $35.79. 3,068 shares of the stock were exchanged, compared to its average volume of 7,665. The stock has a market capitalization of $53.69 million, a P/E ratio of -10,002.79 and a beta of 1.11. The company has a 50 day simple moving average of $36.32 and a 200 day simple moving average of $33.80. ROBO Global Healthcare Technology and Innovation ETF has a twelve month low of $23.77 and a twelve month high of $38.50.

ROBO Global Healthcare Technology and Innovation ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.3463 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 97.0%. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio (DPR) is -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 position in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned 3.00% of ROBO Global Healthcare Technology and Innovation ETF at the end of the most recent quarter. Institutional investors own 1.96% of the company’s stock.

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.