Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Sees Large Growth in Short Interest

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 496,000 shares, an increase of 25.6% from the September 30th total of 394,900 shares. Based on an average daily trading volume, of 545,900 shares, the short-interest ratio is currently 0.9 days.

Global X Robotics & Artificial Intelligence Thematic ETF Stock Down 0.1 %

NASDAQ BOTZ traded down $0.04 on Wednesday, reaching $32.36. 5,528 shares of the stock traded hands, compared to its average volume of 803,484. Global X Robotics & Artificial Intelligence Thematic ETF has a 12 month low of $22.47 and a 12 month high of $33.60. The firm’s fifty day simple moving average is $31.30 and its 200 day simple moving average is $30.90. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 42.68 and a beta of 1.25.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Fiduciary Alliance LLC grew its stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 18.5% in the 3rd quarter. Fiduciary Alliance LLC now owns 271,570 shares of the company’s stock worth $8,731,000 after purchasing an additional 42,316 shares during the last quarter. Sterling Investment Advisors Ltd. lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 28.7% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 93,295 shares of the company’s stock valued at $2,878,000 after acquiring an additional 20,800 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 46.7% during the 1st quarter. BNP Paribas Financial Markets now owns 64,434 shares of the company’s stock worth $2,050,000 after acquiring an additional 20,512 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 13.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 156,515 shares of the company’s stock worth $4,828,000 after acquiring an additional 18,974 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the third quarter valued at $472,000.

Global X Robotics & Artificial Intelligence Thematic 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.