ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Sees Significant Growth in Short Interest

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 495 shares, an increase of 17.9% from the February 12th total of 420 shares. Based on an average trading volume of 6,867 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 6,867 shares, the short-interest ratio is presently 0.1 days.

ROBO Global Healthcare Technology and Innovation ETF Stock Up 1.2%

Shares of NYSEARCA:HTEC traded up $0.38 during midday trading on Tuesday, reaching $33.14. The company’s stock had a trading volume of 2,182 shares, compared to its average volume of 6,832. The firm has a market capitalization of $49.71 million, a PE ratio of -9,262.16 and a beta of 1.11. ROBO Global Healthcare Technology and Innovation ETF has a twelve month low of $23.77 and a twelve month high of $38.50. The stock has a fifty day moving average of $35.85 and a 200 day moving average of $34.19.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a $0.3463 dividend. This represents a yield of 97.0%. The ex-dividend date of this dividend was Tuesday, December 30th. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio is presently -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 acquired a new stake in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 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 as of its most recent SEC filing. 1.96% of the stock is currently owned by institutional investors.

About ROBO Global Healthcare Technology and Innovation ETF

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.