Short Interest in Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Declines By 27.2%

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 902,600 shares, a drop of 27.2% from the January 15th total of 1,240,000 shares. Based on an average daily trading volume, of 584,400 shares, the days-to-cover ratio is currently 1.5 days.

Global X Robotics & Artificial Intelligence Thematic ETF Trading Down 0.4 %

Shares of BOTZ traded down $0.14 during midday trading on Friday, hitting $33.82. The stock had a trading volume of 366,925 shares, compared to its average volume of 671,570. Global X Robotics & Artificial Intelligence Thematic ETF has a fifty-two week low of $26.60 and a fifty-two week high of $34.86. The business has a 50-day simple moving average of $33.03 and a two-hundred day simple moving average of $32.07. The firm has a market cap of $2.82 billion, a P/E ratio of 42.68 and a beta of 1.25.

Institutional Trading of Global X Robotics & Artificial Intelligence Thematic ETF

Hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF in the fourth quarter worth approximately $27,000. Bank of Jackson Hole Trust purchased a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF in the fourth quarter worth approximately $32,000. EverSource Wealth Advisors LLC lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 98.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,223 shares of the company’s stock worth $39,000 after purchasing an additional 607 shares in the last quarter. AlphaMark Advisors LLC lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 35.0% in the third quarter. AlphaMark Advisors LLC now owns 2,700 shares of the company’s stock worth $87,000 after purchasing an additional 700 shares in the last quarter. Finally, Archer Investment Corp lifted its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 1,467.6% in the fourth quarter. Archer Investment Corp now owns 2,759 shares of the company’s stock worth $88,000 after purchasing an additional 2,583 shares in the last quarter.

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.