Short Interest in VanEck Robotics ETF (NASDAQ:IBOT) Grows By 526.3%

VanEck Robotics ETF (NASDAQ:IBOTGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 46,672 shares, a growth of 526.3% from the January 15th total of 7,452 shares. Based on an average daily trading volume, of 15,615 shares, the short-interest ratio is presently 3.0 days. Approximately 6.2% of the shares of the company are short sold. Approximately 6.2% of the shares of the company are short sold. Based on an average daily trading volume, of 15,615 shares, the short-interest ratio is presently 3.0 days.

VanEck Robotics ETF Stock Performance

IBOT traded up $0.49 during midday trading on Tuesday, reaching $59.23. The company had a trading volume of 38,148 shares, compared to its average volume of 16,698. VanEck Robotics ETF has a 12-month low of $33.42 and a 12-month high of $59.49. The business has a 50-day moving average price of $54.91 and a two-hundred day moving average price of $51.38. The stock has a market cap of $44.42 million, a PE ratio of 27.21 and a beta of 1.28.

VanEck Robotics ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.20 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 38.0%.

Institutional Trading of VanEck Robotics ETF

Several hedge funds have recently made changes to their positions in IBOT. Glassman Wealth Services purchased a new position in shares of VanEck Robotics ETF during the 3rd quarter valued at $79,000. Jane Street Group LLC bought a new stake in VanEck Robotics ETF in the 1st quarter valued at about $256,000. Accel Wealth Management bought a new stake in VanEck Robotics ETF in the 3rd quarter valued at about $453,000. Flow Traders U.S. LLC purchased a new stake in VanEck Robotics ETF during the second quarter valued at about $607,000. Finally, Avestar Capital LLC bought a new position in VanEck Robotics ETF during the third quarter worth about $1,983,000.

VanEck Robotics ETF Company Profile

(Get Free Report)

The Vaneck Robotics ETF (IBOT) is an exchange-traded fund that is based on the BlueStar Robotics index. The fund tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme IBOT was launched on Apr 5, 2023 and is managed by VanEck.

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